Chinese tech firm ByteDance, the parent company of TikTok, is reportedly planning to spend 100 billion yuan on Nvidia's H200 AI GPUs in 2026, which translates to around $14 billion USD. This planned purchase is set to add to the growing stockpile of Nvidia GPUs the company already owns.
Despite numerous setbacks, ByteDance spent 85 billion yuan on Nvidia chips throughout 2025, marking a significant increase for next year, South China Morning Post reports. ByteDance is one of the biggest local tech players in the region, rivaling Tencent when it comes to AI operations. It was recently evaluated at a market cap of $500 billion, so this spending is part of its massive AI budget for 2026.
