TikTok’s Parent Company Just Borrowed $30 Billion to Go All-In on AI
Nearly 30 banks backed the rare unsecured facility as TikTok’s parent company spends heavily on AI chips, models, and overseas data centers.
← Back to feed
Decrypt
Latest across the feed
Crypto PACs report $2.7M spending blitz on House races as midterms loom
With just 22 days until the US midterm elections, a crypto-aligned committee has announced another major ad expenditure to support “pro-crypto” candidates…
30
Cointelegraph
14M
Binance launches AI trading tool after 150,000-user beta
Binance rolled out Binance AI, a free generative-UI trading interface, to all English-language users after a beta with about 150,000 testers.
33
The Block
26M
US accounting overhaul could make stablecoins more attractive to corporations: Tempo
A Tempo report examines how proposed US accounting rules could change corporate stablecoin holdings, with direct redemption rights determining which tokens qualify…
30
Cointelegraph
32M