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Report: China-based Moonshot AI, maker of Kimi models, raised a $500M Series C at a $4.3B valuation led by IDG Capital, with Alibaba and Tencent participating (Iris Deng/South China Morning Post)

Iris Deng / South China Morning Post : Report: China-based Moonshot AI, maker of Kimi models, raised a $500M Series C at a $4.3B valuatio...

6 March 2024

Sources: ByteDance reports Q3 revenue up 43% YoY to $30.9B, $84.4B in January to September 2023 revenue, above 2022's $85.2B, and starts staff share buybacks (Wall Street Journal)

Wall Street Journal:
Sources: ByteDance reports Q3 revenue up 43% YoY to $30.9B, $84.4B in January to September 2023 revenue, above 2022's $85.2B, and starts staff share buybacks  —  The Chinese company kicked off a new round of share buybacks, offering $170.81 a share to current employees

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