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Analysis: Oracle has moved $66B of debt for building AI data centers off its balance sheet using SPVs; Meta has moved $30B, xAI moved $20B, and CoreWeave $2.6B (Tabby Kinder/Financial Times)

Tabby Kinder / Financial Times : Analysis: Oracle has moved $66B of debt for building AI data centers off its balance sheet using SPVs; M...

25 April 2024

Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok's algorithm as core to overall ByteDance systems (Reuters)

Reuters:
Sources: ByteDance prefers a TikTok shutdown in the US rather than a sale if legal options fail, deeming TikTok's algorithm as core to overall ByteDance systems  —  TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts …

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