TikTok Owner ByteDance Secures a $29.6 Billion Loan — As China’s AI Spending Race Explodes

  ABE NEWS | September 4, 2026 The artificial-intelligence race has produced enormous chip orders, gigantic data centres and technology companies spending hundreds of billions of dollars on computing infrastructure. Now it is producing something else: enormous amounts of debt. ByteDance, the Chinese technology giant behind TikTok and Douyin, has secured a staggering $29.6 billion…

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The AI Boom Has a New Enemy: Voters — America’s Data-Centre Backlash Is Spreading

  ABE NEWS | September 3, 2026 America has spent the past several years racing to build the physical infrastructure required for artificial intelligence. Now communities are beginning to ask a different question: Who is paying for it? Across the United States, enormous AI data centres are colliding with growing concerns over electricity prices, water…

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Nvidia Is Buying Hugging Face for $12.9 Billion — Its AI Empire Is Moving Beyond Chips

 ABE NEWS | September 3, 2026 Nvidia has spent years building one of the most powerful positions in artificial intelligence. Its GPUs train AI models. Its chips power data centres. Its networking technology connects enormous computing systems. Its software helps developers make those machines useful. Now Nvidia is making a move into another crucial layer…

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Taiwan Companies Plan Another $20 Billion U.S. Investment — As the AI Chip Boom Reshapes Global Manufacturing

 ABE NEWS | September 2, 2026 Taiwanese technology companies are preparing another $20 billion wave of investment into the United States, as exploding demand for artificial intelligence pushes one of the world’s most important technology supply chains deeper into American territory. Taiwan Economy Minister Kung Ming-hsin announced the new investment estimate Wednesday at the SEMICON…

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Dell Adds $25 Billion to Its Revenue Forecast as AI Server Demand Explodes

  ABE NEWS | September 1, 2026 The artificial-intelligence boom has just produced another extraordinary set of numbers — and this time they are coming from Dell. Dell Technologies raised its full-year revenue forecast by a staggering $25 billion on Tuesday, after soaring demand for the powerful servers used to build and operate artificial-intelligence systems…

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South Korea Proposes Record $597 Billion Budget — And Puts AI at the Centre of Its Economic Future

  ABE NEWS | September 1, 2026 South Korea is preparing to make one of the biggest government spending bets in its history — and artificial intelligence sits near the centre of the strategy. The government of President Lee Jae Myung unveiled a proposed 821 trillion won budget for 2027, worth roughly US$597 billion, representing…

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ABE FOUNDERS | Elana Laichena Is Building Flowt to Solve One of Africa’s Biggest Business Problems: Getting the Money to Grow

 ABE NEWS | August 29, 2026 For many small businesses, growth begins with a frustrating contradiction. The customers are there. The product is selling. The entrepreneur knows that buying more inventory, adding equipment or expanding production could generate more revenue. But the money needed to make that next move isn’t there. For thousands of small…

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ABE ORIGINALS | AI Is Running Out of Room — The Global Race for the Electricity, Land and Infrastructure That Will Power the Future

  ABE NEWS | August 29, 2026 The artificial-intelligence race is usually presented as a competition between a handful of technology giants. OpenAI releases a new model. Google responds. Meta spends billions. Nvidia sells more chips. Governments announce national AI strategies, investors pour money into startups, and every few months another company promises that its…

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India Approves Jio’s $3.8 Billion IPO — Its Biggest Stock-Market Debut Could Be Coming

  ABE NEWS | August 29, 2026 India is preparing for what could become the biggest initial public offering in its history. Jio Platforms, the digital empire controlled by billionaire Mukesh Ambani’s Reliance Industries, has received approval from India’s securities regulator for an IPO expected to raise approximately $3.8 billion. The proposed offering would put…

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The Week in Business: Nvidia’s AI Boom, Canada’s Trade Shock, Meta’s $18 Billion Reckoning and Oil’s Wild Ride

  ABE NEWS | THE WEEK IN BUSINESS | August 28, 2026 It was a week when artificial intelligence delivered staggering numbers, Canada discovered its economy was stronger than expected just as another trade shock arrived, one of the world’s biggest social-media companies agreed to one of the most consequential settlements in the industry’s history,…

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