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HelloVet.

Here's your morning TNB Tech Minute for Friday, November 21st.

I'm Zoe Colkin for the Wall Street Journal.

China's moonshot AI is nearing a dollar funding round that could boost its valuation to

around $4 billion.

That's according to people familiar with the matter.

The Beijing-based startup is in talks with global investors, including investment firm IDG Capital

and existing shareholder, Tencent, for the fundraise, which could ultimately total several

hundred million dollars. Moonshot aims to close the funding around by the end of the year and

has told potential investors that it will aim for an initial public offering in the second

half of next year. Moonshot and IDG didn't immediately respond to request for comment. Tencent declined to comment.

Paramount, Comcast, and Netflix have submitted bids for Warner Brothers Discovery, according to

people familiar with the matter. The bids submitted are non-binding and additional rounds are

expected, but Warner Discovery has indicated it wants the

process concluded by the end of the year. Paramount is the only bidder pursuing all of Warner Discovery,

including studios, streaming, and its portfolio of cable networks, while Comcast and Netflix

are only bidding for the studios, HBO, and HBO Max. Any acquisition would require government

...