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

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Abu Dhabi's G42 acquires $100 mln ByteDance stake at $220 bln valuation - Bloomberg News
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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 Tuesday, citing people with knowledge of the matter.

March 14 - Abu Dhabi-based artificial intelligence firm G42 acquired a $100 million plus stake in Tiktok-parent ByteDance, valuing the company at $220 billion, Bloomberg NewsReporting by Rahat Sandhu in Bengaluru; Editing by Rashmi Aich.

March 14 - Abu Dhabi-based artificial intelligence firm G42 acquired a $100 million plus stake in Tiktok-parent ByteDance, valuing the company at $220 billion, Bloomberg NewsReporting by Rahat Sandhu in Bengaluru; Editing by Rashmi Aich
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