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Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surpassing its internal target for 2025 (Bloomberg)

Bloomberg : Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surp...

3 July 2024

PitchBook: US startups raised $56B in Q2 2024, up 57% YoY and the highest three-month haul in two years; AI startups raised $27.1B, nearly half of the total (Erin Griffith/New York Times)

Erin Griffith / New York Times:
PitchBook: US startups raised $56B in Q2 2024, up 57% YoY and the highest three-month haul in two years; AI startups raised $27.1B, nearly half of the total  —  Funding for A.I. firms made up nearly half the $56 billion in U.S. start-up financing from April to June, according to PitchBook.

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