Chinese technology group ByteDance, best known as the owner of TikTok, is preparing a major push in artificial intelligence for 2026, planning roughly $23 billion (about 160 billion yuan) in capital expenditure on  AI infrastructure. The company intends this outlay to expand servers, data centres, and next-generation compute capacity that supports its AI models and services. This […] The post ByteDance will spend $23 billion on AI infrastructure in 2026 appeared first on Web-Release.

    Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that Faraday Future Middle East FZ-LLC has signed a non-binding memorandum of understanding (MOU) with RAKDigital Assets Oasis. Under the MOU, the two parties intend to collaborate across three major areas […] The post Faraday Future Middle East Signs Strategic Cooperation MOU with RAK Digital Assets Oasis and Holds FX Super One Delivery Ceremony appeared first on Web-Release.