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  • 7 hours ago
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00:00While we're on the topic of storing valuations, you know, about AI, I mean, just take a look at the
00:05fortunes and really of some of these billionaires out there, right?
00:08And the likes of Zhang Yiming, of course, this is the ByteDance owner here, is now China's richest person.
00:14He's also overtaken India's Phuket Shambani as the second richest person in Asia.
00:20If you go to RichGo in your terminal here, you kind of see how the data is generating here.
00:23And from the Bloomberg Billionaires Index, it does show that Zhang's wealth network has now risen to $92.8 billion.
00:32And Mani stands at just around $87 billion.
00:35So they're both behind Gautam Adani, though, who's worth around $117 billion.
00:39But it really just goes to show, right?
00:41I mean, when you take a look at not just the success of TikTok, it's also their AI chat box
00:45as well.
00:46We're hearing a lot more analysts talk about Doubao, right?
00:49They have 300 million monthly users here and really one of the most popular in China right now.
00:54Yeah, and I think the market's really placing their bets on this newer cohort of companies.
01:00Yes.
01:01The course of travel is fairly clear as far as all the milestones we've hit this week on the AI
01:08story,
01:08whether that's softback surpassing Toyota, Korea, and Taiwan surpassing India.
01:15This is just the latest micro-iteration of that broader trend we're seeing here.
01:18Yeah.
01:19Across the region.
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