Future Tech

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

Tan KW
Publish date: Wed, 15 Mar 2023, 11:50 AM
Tan KW
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Future Tech

 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.

 


  - Reuters

 

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