TikTok parent ByteDance sells recently acquired Moonton in $6B deal with Saudi-backed Savvy Games, marking pivot away from gaming toward AI development

TikTok parent ByteDance sells recently acquired Moonton in $6B deal with Saudi-backed Savvy Games, marking pivot away from gaming toward AI development

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Bytedance just basically said we are shifting from Gaming to AI.. Wonder if that will be the case for majority of Chinese business

Top comment by @Danicjade

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Savvy to Buy ByteDance Studio Moonton for $6 Billion - Bloomberg (bloomberg.com)
ByteDance confirms $6B Moonton sale - Inquirer Technology (technology.inquirer.net)
ByteDance Sells MLBB Publisher Moonton for $6B to Saudi Savvy ... (escharts.com)
ByteDance sells games studio Moonton to Saudi firm for over US$6 ... (scmp.com)

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