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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.



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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry significant risk. Always do your own research (DYOR) before making any investment decisions.

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