Meituan Joins AI Race by Buying Co-Founder's Months-Old Firm
(Bloomberg) -- Meituan is buying a co-founder’s generative AI startup for almost $234 million, a deal that gets the food-delivery giant into a Chinese race to develop ChatGPT-like services.Most Read from BloombergSwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencyPutin Claims He’s Back in Control. Russia’s Elite Isn’t SureSupreme Court Rejec
Source: yahoo.com