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How AI labs are deploying on-site gas generators for power as the US electric grid struggles to keep pace with the growing demands of AI infrastructure (SemiAnalysis)

SemiAnalysis : How AI labs are deploying on-site gas generators for power as the US electric grid struggles to keep pace with the growing...

2 September 2024

Sources: ByteDance is tapping banks, including Citigroup and JPMorgan, for a $9.5B loan, the biggest dollar-denominated corporate loan in Asia excluding Japan (Chien Mi Wong/Bloomberg)

Chien Mi Wong / Bloomberg:
Sources: ByteDance is tapping banks, including Citigroup and JPMorgan, for a $9.5B loan, the biggest dollar-denominated corporate loan in Asia excluding Japan  —  - Loan carries greenshoe option that allows size to increase  — Citigroup, Goldman Sachs, JPMorgan are the loan coordinators

Posted from: this blog via Microsoft Power Automate.

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