Chinese technology company ByteDance, the owner of the popular social media platform TikTok, is in preliminary talks with international banks to secure a loan of approximately $20 billion. If completed, the transaction would become the largest overseas borrowing in the company’s history and one of the biggest technology financing deals globally in recent years.<\/p>\n
According to Bloomberg, ByteDance is considering a three-year loan with an option to extend the maturity to five years. The negotiations are still at an early stage, and the terms of the deal may change. The company has declined to comment publicly on the reports.<\/p>\n
The potential financing comes as ByteDance rapidly increases its investments in artificial intelligence. The company plans to raise its capital expenditures to $70 billion in 2026, directing the funds toward expanding data centers, computing capacity, and other infrastructure required to develop AI products. If market conditions remain favorable, total investment could increase to $100 billion in 2027.<\/p>\n
This would position ByteDance among the world’s largest investors in artificial intelligence. In terms of spending, the company is already approaching the scale of leading U.S. technology giants. Amazon, Alphabet (Google), Microsoft, and Meta are collectively expected to invest around $725 billion in capital expenditures this year, with a significant portion allocated to AI infrastructure.<\/p>\n
For Asia’s banking sector, the potential ByteDance loan could become one of the region’s largest financing transactions in recent years. Amid a slowdown in corporate lending, the volume of U.S. dollar, euro, and yen-denominated loans across the Asia-Pacific region (excluding Japan) has fallen by 20%, reaching its lowest level in 16 years at approximately $61 billion.<\/p>\n
ByteDance last raised major international financing in 2024, securing $10.8 billion from a consortium of more than 20 banks. The transaction was coordinated by Citigroup, Goldman Sachs, and JPMorgan Chase.<\/p>\n
The company is also continuing to streamline its business portfolio by focusing on its most promising growth areas. Over the past year, ByteDance has divested several non-core assets, including gaming projects, in order to concentrate resources on artificial intelligence and its social media platforms.<\/p>\n
The announcement highlights the continued global investment boom surrounding artificial intelligence technologies. While AI startups around the world are seeking funding for next-generation innovations, the world’s largest technology companies are already raising tens of billions of dollars to build advanced computing infrastructure and develop new AI products, shaping the future architecture of the global technology industry.<\/p>\n","protected":false},"featured_media":151839,"menu_order":0,"template":"","newscat":[9],"newstag":[],"issues":[],"class_list":["post-151838","news","type-news","status-publish","has-post-thumbnail","hentry","newscat-novosti"],"_links":{"self":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news\/151838","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/types\/news"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media\/151839"}],"wp:attachment":[{"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/media?parent=151838"}],"wp:term":[{"taxonomy":"newscat","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newscat?post=151838"},{"taxonomy":"newstag","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/newstag?post=151838"},{"taxonomy":"issues","embeddable":true,"href":"https:\/\/ldaily.ua\/en\/wp-json\/wp\/v2\/issues?post=151838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}