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TikTok developer ByteDance arranges $29.6 billion loan as it builds AI ambitions

https://www.coindesk.com/business/2026/09/14/tiktok-developer-bytedance-arranges-usd29-6-billion-loan-as-it-builds-ai-ambitions
Coindesk TikTok parent ByteDance secures $29.6 billion loan as it focuses on AI related development ByteDance was reportedly considering spending $70 billion on AI data centers and infrastructure. The news comes as U.S. AI giants call for slowing the AI race.
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