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ByteDance's valuation has exceeded 400 billion dollars, with AI Business becoming an important driving force.
According to media reports, ByteDance's valuation has exceeded 400 billion dollars, and at least three investors have reassessed its value. SoftBank's Vision Fund, Fidelity Investments, and T. Rowe Price have respectively raised ByteDance's valuation to 400 billion dollars, 410 billion dollars, and over 450 billion dollars, all significantly higher than the low point of 275 billion dollars in July 2022. The AI Business is an important factor for the increase in valuation; ByteDance's "Doubao" has attracted a large number of active users, and the cost of early visual understanding models is 85% lower than the industry average. Meanwhile, the recovery of China’s Technology stocks has also supported the valuation.
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