TikTok developer ByteDance arranges $29.6 billion loan as it builds AI ambitions
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.
Key Takeaways
- 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.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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