At least three of Bytedance Ltd.’s major investors have marked up the TikTok-owner’s valuation to more than $400 billion, a sharp rebound for a Chinese social video leader that has been threatened with a US shutdown.
OpenAI, SoftBank Group, Oracle and MGX are the initial equity funders in ... initially and plan to invest up to $500 billion over the next four years. Meanwhile, Beijing has also made strides in the technology. Chinese company DeepSeek developed AI models ...
Continuing its AI ventures, Japanese tech giant SoftBank Group saw a loss of 369.2 billion yen ($2.4 billion) last October-December, according to the figures released by the company on Wednesday.