A Bill to Ban or Force the Sale of TikTok in the US Passes the Senate

If you’re a fan of TikTok and live in the United States, I have some bad news for you: a bill that would force a sale of TikTok or ban it in the United States has passed the Senate. The president is expected to sign it, which could spell trouble for the social media company.

TikTok is headquartered in Singapore but is owned by Chinese company ByteDance. China has made it clear that it will not allow a sale of the social media platform, which raises questions about TikTok’s future in the US.

But There’s Good News to Share: AI Startups in Europe Are Making Waves

If the news about TikTok is leaving you feeling down, don’t worry – we have plenty of positive stories to share. Two AI startups in Europe caught our attention recently, and we’re excited to talk more about them.

Mistral: A Well-Known European AI Startup

While it’s true that Mistral is one of the most well-known European AI startups, there are many others making waves in the industry. We’ll be discussing these companies in more detail later on.

Perplexity AI: The Latest News and Developments

Perplexity AI has been making headlines recently with its latest funding round and plans to shake up its operating model. This is a great example of how exciting it is to be an AI startup right now.

A Good Time to Be an AI Startup

With the rise of AI in various industries, including defense and technology, it’s no wonder that many startups are jumping on board. The funding landscape has never been more favorable for AI companies, with investors eager to support innovative ideas.

Other News: Framework Laptops, Pony.AI, and Volition Capital

In addition to Perplexity AI, there are other exciting developments in the industry worth noting:

• Framework Laptops: This company has just raised more capital, which will help them continue to innovate and improve their products.
• Pony.AI: This startup is considering a US IPO, which would be a significant milestone for the company.
• Volition Capital: This investment firm is expanding its operations, which could lead to even more exciting opportunities in the AI space.

Join Alex Wilhelm and Theresa Loconsolo on Equity

If you want to hear more about these topics and get insights from experts in the field, be sure to tune in to our podcast, Equity. Hosted by Alex Wilhelm and Theresa Loconsolo, this weekly show covers the latest news and developments in the tech industry.

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Read the Full Transcript

If you prefer reading over listening, don’t worry – we’ve got you covered! The full transcript of this episode is available for those who want to read along while listening or simply prefer reading.

Conclusion

The news about TikTok may be disappointing, but there’s plenty of excitement in the AI space. With new startups emerging and existing companies innovating at an incredible pace, it’s a great time to be interested in technology.

We hope you’ve enjoyed this episode of Equity and will join us again soon for more news, analysis, and insights from the world of tech.