According to Bloomberg, sources familiar with the matter revealed that ByteDance has attracted a syndicated loan of over $30 billion, indicating strong interest from lending institutions in its increased AI investments. Previously, ByteDance had negotiated a $20 billion overseas loan, and this financing represents its largest overseas borrowing, with a term of three years extendable to five years. ByteDance plans to use the loan primarily for general corporate purposes and is considering raising its capital expenditures to $70 billion this year to expand AI infrastructure such as data centers.