# TikTok developer ByteDance arranges $29.6 billion loan as it pursues AI ambitions

https://mins.news/en/item/57421

- CoinDesk, 2026-09-14 09:43 UTC
- Tech
- Original: https://www.coindesk.com/business/2026/09/14/tiktok-developer-bytedance-arranges-usd29-6-billion-loan-as-it-builds-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.