ByteDance secures $29.6 billion loan in AI push, sources say

ByteDance has secured a $29.6 billion loan from nearly 30 banks, three people with direct knowledge of the matter said ‌on Friday, with the Chinese social media giant's bet on AI development driving strong interest from lenders.

Source: Reuters

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Category General

Source Reuters

Published 3 weeks ago

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News ID #13,847

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