TikTok owner ByteDance finalizes $29.6 billion loan amid AI growth drive
TikTok owner ByteDance finalizes $29.6 billion loan amid AI growth drive ByteDance has successfully secured a massive $29.6 billion syndicated loan, significantly expanding its initial target due to overwhelming demand from global banks. Coordinated by major financial institutions including Citigroup and JPMorgan Chase, this borrowing […]
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