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ByteDance Gets $29.6 Billion Loan to Fuel AI Ambitions
The deal is part of the Chinese tech giant’s efforts to cover its huge infrastructure and development costs as it strives to narrow the gap with global leaders
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technode.com
ByteDance reportedly lines up a $29.6 billion syndicated loan · TechNode
ByteDance is reportedly preparing to receive a $29.6 billion syndicated loan, after banks showed enough demand for the company to expand the planned
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economictimes.indiatimes.com
ByteDance: ByteDance secures $29.6 billion loan in AI push, sources say - The Economic Times
ByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan facility. The funds will primarily…
