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TikTok's Parent Company Just Borrowed $30 Billion to Go All-In on AI

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Nearly 30 banks backed the rare unsecured facility as TikTok’s parent company spends heavily on AI chips, models, and overseas data centers.

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TikTok's Parent Company Just Borrowed $30 Billion to Go All-In on AI
Decrypt 2h ago

TikTok's Parent Company Just Borrowed $30 Billion to Go All-In on AI

Nearly 30 banks backed the rare unsecured facility as TikTok’s parent company spends heavily on AI chips, models, and overseas data centers.