Universal Music is launching an AI music platform with ElevenLabs7m ago One resignation turned the embers of AI fear into a wildfire16m ago Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding44m ago Instagram now lets you add tagged photos to your profile grid45m ago Meta Announces Muse AI Agent for Personal Tasks and Organization45m ago AI agents are flooding public services with new requests51m ago Apple’s first foldable is the iPhone Duo, and it costs $1,99952m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'53m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities1h ago Antioch raises $32m to test robots in simulation before they touch hardware1h ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit1h ago 10 of the scariest AI villains in movie history1h ago Maven Robotics wants to steal your robot deployment deal1h ago Agent Security Is Not AI Governance: Why Conflating The Two Is A Risk Enterprises Can't Afford2h ago

Universal Music is launching an AI music platform with ElevenLabs7m ago One resignation turned the embers of AI fear into a wildfire16m ago Nintendo's latest sale is 'made possible' by the tariff refunds it's hoarding44m ago Instagram now lets you add tagged photos to your profile grid45m ago Meta Announces Muse AI Agent for Personal Tasks and Organization45m ago AI agents are flooding public services with new requests51m ago Apple’s first foldable is the iPhone Duo, and it costs $1,99952m ago An Anthropic researcher just quit, saying OpenAI and Anthropic are 'gambling with our lives'53m ago Anthropic Is Building a Huge Surveillance System to Spy on Anti-AI Activists and Predict Their Activities1h ago Antioch raises $32m to test robots in simulation before they touch hardware1h ago OpenAI’s Bubeck denies trying to cut Anthropic mathematician from credit1h ago 10 of the scariest AI villains in movie history1h ago Maven Robotics wants to steal your robot deployment deal1h ago Agent Security Is Not AI Governance: Why Conflating The Two Is A Risk Enterprises Can't Afford2h ago

Finance Industry & Manufacturing4 min reading time

ByteDance raises $29.6bn, Asia’s second-biggest loan this year, and pays less for it

The Next WebPublished 7 days ago

ByteDance secured a $29.6 billion loan, the second-largest in Asia this year, surpassing its 2024 offshore borrowing by nearly three times and at a lower interest rate. The funds will support data center expansion and AI infrastructure amid US export restrictions on advanced chips. This loan reflects strong market demand for ByteDance despite a slow Asian loan market overall.

#ai-infrastructure #bytedance #corporate-loans #microsoft-azure #nvidia #openai #softbank

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