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dingdingdang
on Sept 28, 2018
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Bytedance said to be valued at over $75B in new ro...
This has got to set some sort of record for dubious valuations; effectively means that the worth of this particular vaguely AI related video/news business is worth a 12th of the entire bailout package that saved the UK banking-industry in 2008*
*
https://en.wikipedia.org/wiki/2008_United_Kingdom_bank_rescu...
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* https://en.wikipedia.org/wiki/2008_United_Kingdom_bank_rescu...