Decrypt·Jason Nelson·1d 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.

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💬 Discussion: 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.

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