The Information — AI · · 1 min read

ByteDance Secures $30 Billion Loan as AI Investments Grow

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ByteDance is borrowing about $30 billion in the company’s biggest-ever loan, according to a person with knowledge of the financing.

The Chinese tech giant was originally seeking to borrow $20 billion. At $30 billion, it is the second-largest dollar-denominated loan in Asia this year, after a $40 ...

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