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Sources detail how Tiger Global fueled the COVID-era unicorn bubble that burst ahead of the AI boom; the firm recently shared its $12.7B 2021 fund is now up 16% (Issie Lapowsky/Rest of World)

Issie Lapowsky / Rest of World : Sources detail how Tiger Global fueled the COVID-era unicorn bubble that burst ahead of the AI boom; the...

21 August 2024

Since 2023, Chinese investors, including Alibaba and Tencent, have valued 6+ China-based startups developing LLMs, dubbed "Little AI Dragons", at $1B+ each (Wall Street Journal)

Wall Street Journal:
Since 2023, Chinese investors, including Alibaba and Tencent, have valued 6+ China-based startups developing LLMs, dubbed “Little AI Dragons”, at $1B+ each  —  Since 2023, 40% of Alibaba's deals in China and 30% of Tencent's have targeted AI startups

Posted from: this blog via Microsoft Power Automate.

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