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ByteDance secures $29.6 billion loan in AI push, source | Market Intelligence API | Briefly NewsStream

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MalaysiaBankingSep 4, 2026, 2:24 PM

ByteDance secures $29.6 billion loan in AI push, sources say

HONG KONG: ByteDance has secured a US$29.6 billion loan from nearly 30 banks, three people with direct knowledge of the matter said on Friday, with the Chinese social media giant's bet on AI development driving strong interest from lenders.

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ByteDance secures $29.6 billion loan in AI push, sources say

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