Abu Dhabi's G42 acquires $100 million ByteDance stake at $220 billion valuation - Bloomberg News

📆 3/15/2023 6:41 AM
📰 ChannelNewsAsia

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Abu Dhabi-based artificial intelligence firm G42 acquired a $100 million plus stake in Tiktok-parent ByteDance, valuing the company at $220 billion, Bloomberg News reported late on Wednesday, citing people with knowledge of the matter.

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