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Sources: Sequoia Capital China, ZhenFund, and other big Chinese VCs have quietly invested in US AI startups in the past year, undeterred by US security concerns (Juro Osawa/The Information) 08-11-2023

Juro Osawa / The Information: Sources: Sequoia Capital China, ZhenFund, and other big Chinese VCs have quietly invested in US AI startups in the past year, undeterred by US security concerns  —  Major Chinese venture capital firms are quietly investing in American artificial intelligence startups, undeterred by growing concerns … Lees verder op Tech Meme

Source: in a letter to staff, ByteDance offers to buy back stock at $160 per share, up from $155 in April 2023; ByteDance says the goal is to provide liquidity (Jane Zhang/Bloomberg) 08-11-2023

Jane Zhang / Bloomberg: Source: in a letter to staff, ByteDance offers to buy back stock at $160 per share, up from $155 in April 2023; ByteDance says the goal is to provide liquidity  —  – The price is up from April’s employee buyback of $155 each  — ByteDance has grown at expense of incumbents Meta and Tencent Lees verder op Tech Meme