ByteDance's half-year profit falls to $20 billion as SI spending eats it up, even though revenue grew 30%
Prepared by Sintelligent with the help of SI. Publication time restored from the build log. . Updated: .
Even the most profitable companies in the world are ready to sacrifice profit for SI: the bet on it matters more than today's money.
According to The Information, the net profit of TikTok's owner in the first half of 2026 fell by a single-digit percentage year over year, to $20 billion, even though revenue grew about 30%, to $120 billion. The reason is large investment in SI infrastructure: cloud, the Doubao and Seedance models, and its own inference chip. The company is private.
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