Exclusive: ByteDance’s first-half revenue rose around 30% to | Tech Twitter

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Exclusive: ByteDance’s first-half revenue rose around 30% to | Tech Twitter

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Exclusive: ByteDance’s first-half revenue rose around 30% to $120 billion, but its net profit fell to $20 billion as AI spending climbed. The results show the growing cost of ByteDance’s push to compete in AI. Full story: https://thein.fo/4iql29Z

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