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.
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Nearly 30 banks backed the rare unsecured facility as TikTok’s parent company spends heavily on AI chips, models, and overseas data centers.
The group is urging organizations to adopt post-quantum security before powerful computers can compromise today’s encryption and digital signatures.
Progress beyond the initial rollout will depend partly on market adoption and the outcome of pending stablecoin legislation.
The prediction market platform's new Perps product scaled from 10 markets to 67 on its first day—though the 20x leverage ceiling only applies to some of them, and none of it reaches U.S. traders.
The US economy added far more jobs than expected in August, pressuring Bitcoin lower as traders repriced the odds of a Federal Reserve rate cut this month.