Browsing Tag
ByteDance
18 posts
ByteDance AI drug spin-off Anew Labs secures $290m at $1.5bn valuation
ByteDance’s artificial-intelligence drug discovery spin-off Anew Labs has completed a $290 million external financing at a reported $1.5 billion valuation, attracting leading Chinese investment firms while leaving ByteDance with a controlling 56% stake.
Shaires (AIM: SHR) builds $86.7m private AI portfolio as London investors weigh access against dilution
Shaires is assembling up to US$86.7 million of private AI and technology exposure, but indirect holdings and large new-share issuance make NAV growth the real test.
CXMT secures reported $3bn Tencent memory deal ahead of major China IPO
CXMT has reportedly secured a $2.94 billion Tencent memory deal before its major China IPO. Discover what it means for AI chips and global suppliers.
Baidu shares jump as Kunlunxin targets $50bn Hong Kong AI-chip IPO
Baidu’s Kunlunxin subsidiary is reportedly seeking a $50 billion Hong Kong IPO valuation as China accelerates investment in domestic AI chips. The listing could unlock substantial value for Baidu while testing whether semiconductor scarcity can justify one of the sector’s fastest valuation increases.
Qualcomm was known for smartphones. ByteDance may just have changed that story
Qualcomm’s reported ByteDance AI chip deal could reshape custom silicon demand. Read why the QCOM move matters now.
Did a small Kentucky school district just expose Big Tech’s next legal headache?
Social media firms paid $27 million to settle a Kentucky school lawsuit. Read why youth safety litigation may be Big Tech’s next risk.
Beneath the semiconductor rally, Qualcomm faces erosion as Wolfspeed rides an AI repricing
Qualcomm and Wolfspeed fell together in a chip selloff, but one faces Apple share loss and the other is an AI-driven turnaround as Marvell sets a record. Read more.
Scottish Mortgage (LSE: SMT) delivers 27.4% NAV return as SpaceX nears IPO and AI buildout reshapes the portfolio
Scottish Mortgage returns 27.4% as SpaceX swells past 19% of assets and shares jump to a 52-week high premium, turning SMT into a leveraged bet on one IPO.
Appen (ASX: APX) stock up 5.4% as AI data services rebound and China generative AI accelerates
Appen (ASX: APX) lost Google in 2024 and lost 90% of its value. China generative AI is now driving a 67% revenue surge. The recovery thesis is back on the table.
Trump strikes $14bn TikTok deal: Can US investor control secure the app’s future?
Trump’s deal puts TikTok under U.S. investor control in a $14B restructuring. Find out what it means for users, investors, and digital sovereignty today.