ByteDance announces $6B buyback at $400B valuation, allocates 300M shares to AI staff

ByteDance announced a $6 billion share buyback at a $400 billion valuation, up from $300 billion in a prior round, signaling confidence in its AI-driven growth. The company also allocated 300 million shares to AI department employees, underscoring its strategic focus on AI talent retention. The move reflects continued private-market strength for the TikTok parent amid regulatory and geopolitical uncertainties.

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