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Tech companies, including Meta and xAI, are using SPVs to raise tens of billions for AI data centers, letting them keep the debt off their balance sheets (Carmen Arroyo/Bloomberg)

Carmen Arroyo / Bloomberg : Tech companies, including Meta and xAI, are using SPVs to raise tens of billions for AI data centers, letting...

30 March 2024

A look at Steven Mnuchin's TikTok plans; sources say his proposal to buy TikTok without its export-blocked algorithm and rebuild it from scratch is far-fetched (Washington Post)

Washington Post:
A look at Steven Mnuchin's TikTok plans; sources say his proposal to buy TikTok without its export-blocked algorithm and rebuild it from scratch is far-fetched  —  His proposal to buy the app without its algorithm from its Chinese owner has drawn skeptical reactions, including from those he's pitched

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