Categories: Technology

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

By Kane Wu and Yantoultra Ngui HONG KONG, Sept 4 (Reuters) – ByteDance has secured a $29.6 billion loan from nearly 30 banks, three people with direct knowledge…

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Published: September 4, 2026 21:36:05 IST

By Kane Wu and Yantoultra Ngui HONG KONG, Sept 4 (Reuters) – ByteDance has secured a $29.6 billion loan from nearly 30 banks, three people with direct knowledge of the matter said on Friday, with the

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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Published: September 4, 2026 21:36:05 IST

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