Woofun AI reports that ByteDance has entered preliminary discussions with banks to secure a syndicated loan totaling approximately $20 billion. This financing initiative, if finalized, would establish a new record for the company’s largest offshore borrowing. The proposed structure involves a three-year term with an extension option up to five years, though specific terms remain fluid as negotiations are in early stages.

Concurrently, ByteDance is evaluating a significant increase in capital expenditure, potentially reaching $70 billion this year to accelerate data center and AI infrastructure development. Should market conditions remain favorable, next year’s capex could escalate to $100 billion. This aggressive investment posture mirrors the strategies of U.S. tech giants like Amazon, Alphabet, Microsoft, and Meta, whose combined capex plans hit $725 billion. Following its $10.8 billion raise in 2024 and recent divestitures from gaming units, ByteDance continues to pivot resources toward core AI and social media ventures.