ByteDance has arranged a $29.6 billion loan as it ramps up its AI ambitions, reportedly planning to spend $70 billion on AI data centers and infrastructure. The move comes amid calls from U.S. AI giants to slow the AI race.
ByteDance has arranged a $29.6 billion loan as it ramps up its AI ambitions, reportedly planning to spend $70 billion on AI data centers and infrastructure. The move comes amid calls from U.S. AI giants to slow the AI race.