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TikTok owner ByteDance takes early lead in race to capitalise on AI

Eleanor Olcott

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Beijing | TikTok-owner ByteDance has emerged as an early frontrunner in the race to capitalise on generative artificial intelligence in China, poaching top talent from local rivals and becoming Nvidia’s biggest customer in the country.

The Beijing-based company has lured top AI engineers and researchers away from Alibaba and start-ups such as 01.ai and Zhipu in recent months, according to multiple people with knowledge of the hiring spree. It has also created and expanded teams to work on its large language models and AI products.

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Financial Times

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    Original URL: https://www.afr.com/technology/tiktok-owner-bytedance-takes-early-lead-in-race-to-capitalise-on-ai-20241208-p5kwqv