TechTikTok developer ByteDance arranges $29.6 billion loan as it pursues AI ambitions
TikTok developer ByteDance has reportedly arranged a $29.6 billion loan as it advances its AI ambitions. The company was also reportedly considering spending $70 billion on AI data centers and infrastructure, as U.S. AI giants call for slowing the race.
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CoinDesk★★★☆☆2026-09-14 09:43Original
TikTok developer ByteDance arranges $29.6 billion loan as it pursues AI ambitions
Tech