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ByteDance Secures $29.6 Billion Unsecured Loan as AI Capex Rivals Bitcoin (BTC) for Capital

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ByteDance secured a $29.6 billion unsecured loan from nearly 30 banks led by Citigroup and JPMorgan, lifted from a $20 billion target, to fund overseas AI…

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ByteDance Secures $29.6 Billion Unsecured Loan as AI Capex Rivals Bitcoin (BTC) for Capital
CoinOtag 2h ago

ByteDance Secures $29.6 Billion Unsecured Loan as AI Capex Rivals Bitcoin (BTC) for Capital

ByteDance secured a $29.6 billion unsecured loan from nearly 30 banks led by Citigroup and JPMorgan, lifted from a $20 billion target, to fund overseas AI…