Decrypt
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.
Nearly 30 banks backed the rare unsecured facility as TikTok’s parent company spends heavily on AI chips, models, and overseas data centers.
Originally published by Decrypt. Read the full story at the source →
