TikTok's Parent Company Just Borrowed $30 Billion to Go All-In on AI
Decrypt2h agoUpdated 1h ago
Smart Read
Nearly 30 banks backed the rare unsecured facility as TikTok’s parent company spends heavily on AI chips, models, and overseas data centers.
Coins in this story
Discussion
Related stories
Decrypt
G7 Warns Quantum Threat Demands Action as Crypto Industry Weighs Fixes
The group is urging organizations to adopt post-quantum security before powerful computers can compromise today’s encryption and digital signatures.
Decrypt
Polymarket Launches Crypto Perpetual Futures With Up to 20x Leverage
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.
Decrypt
Crypto Traders Are Pairing Meme Coins With Stocks on Robinhood—And It's Working (Sort Of)
A meme coin called BONER cornered half of Hims & Hers Health's tokenized shares on Robinhood's new blockchain. It started a new trend that's spreading fast.
KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.