TikTok Invests $8.8 Billion in Thailand Data Centers, Bypassing US-China Tech Tensions

ByteDance’s TikTok committed $8.8 billion in data centers in Thailand over five years, Reuters cited VP Helena Lersch on Friday.

Prior reports indicated Nvidia Corp (NASDAQ:NVDA) eying investments in Thailand after Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Microsoft Corp’s (NASDAQ:MSFT) move as Southeast Asia becomes a hub for artificial intelligence data centers and component manufacturing.

Thailand has attracted multibillion-dollar investments in data centers and cloud infrastructure from Amazon.com …

Full story available on Benzinga.com