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December 7, 2018 11:43 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/n4dLhxcX4Qs/
TikTok parent ByteDance said to raise $1.45 billion for AI and content
ByteDance, the Chinese company behind the immensely popular video app TikTok, is in talks to raise $1.45 billion for a new fund, The Information reported on Friday citing sources. The fresh vehicle will help power artificial intelligence and media content forthe$75 billion startup, which reportedly leapfrogged Uber’s valuationafter raising $3 billion in October. ByteDance declined […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/n4dLhxcX4Qs/
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