TikTok owner ByteDance is restructuring its artificial intelligence (AI) department after having poached an expert from Google to lead foundation research, according to employees of the Chinese ...
As TikTok fights to keep its popular video app available in the US, investors in parent company ByteDance Ltd. are being forced to re-evaluate financial prospects for a business valued at more ...
(Bloomberg) -- At least three of Bytedance Ltd.’s major investors have marked up the TikTok-owner’s valuation to more than $400 billion, a sharp rebound for a Chinese social video leader that ...
TikTok, owned by ByteDance, is not publicly traded, limiting direct investment options. Investors can buy shares in KKR or SoftBank, both of which hold ByteDance shares. ByteDance faces regulatory ...
South Korea's data protection regulator has accused DeepSeek of sending citizens' data using its AI chatbot to TikTok's parent company ByteDance. This accusation comes a day after ordering a ...
ByteDance must pay video tech company Meishe over $11.3 million for using Meishe’s code in eight of its software programs. Register for free to receive our newsletter, view leading trademark ...
This time it is ByteDance, the parent company of TikTok, which has reportedly hired a key Google AI researcher. When talking about AI, ByteDance is probably not the first name that comes to mind.
"We confirmed DeepSeek communicating with ByteDance," the South Korean data protection regulator told Yonhap News Agency. The country had already removed DeepSeek from app stores over the weekend ...
Chinese tech giants Tencent Holdings TCEHY, Alibaba Group Holdings Ltd BABA, and ByteDance have significantly increased orders for Nvidia Corporation's NVDA H20 AI chips, as the rise of DeepSeek's ...
The Yonhap News Agency said it had been told by the South Korean data protection regulator that it had “confirmed” DeepSeek was “communicating with ByteDance”, however, it has not yet ...