Chapter 177 Magic City Bustling _2

It needed to quickly distinguish each customer's preferences and identify their favorite content based on their habits.

Then, from the massive amount of content, it would distribute and recommend accordingly.

Eventually, what they liked was presented right before the customer's eyes.

The computing power required for this was beyond imagination.

Of course.

A project that could gather so many big names was certainly not simple.

After a fifteen-minute introduction and a barrage of questions,

when everyone finally heard the valuation, they all hesitated.

A project less than three years old, valued at seven billion US dollars.

With 30% of the equity up for dilution, the capital to be raised amounted to 2.1 billion US dollars, which was about 15 billion renminbi.

Magic City is truly something else; even Chen Pingsheng found the scale of the project unimaginable.

Compared to the things he was working on, this valuation was truly beyond imagination.