Friday, September 2, 2022

Sources: ByteDance CFO told staff that it has no plans to go public; report: CEO Liang said the company plans to reduce input into noncore businesses (Coco Feng/South China Morning Post)

Coco Feng / South China Morning Post:
Sources: ByteDance CFO told staff that it has no plans to go public; report: CEO Liang said the company plans to reduce input into noncore businesses  —  TikTok 's parent company ByteDance , the world's most valuable unicorn, has no plans to go public, its chief financial officer told employees …



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Alibaba launches preview of 2.4T parameter Qwen3.8 Max, says it's comparable to frontier AI models and second only to Fable 5, will make it "open-weight soon" (Bloomberg)

Bloomberg : Alibaba launches preview of 2.4T parameter Qwen3.8 Max, says it's comparable to frontier AI models and second only to Fab...