Internal company documents confirm that TikTok’s Chinese parent company, ByteDance, has been using OpenAI’s GPT model to build a competitor, in violation of its license with Microsoft.

Chinese tech giant ByteDance says it is using OpenAI’s technology “to a very limited extent” to help develop its own AI models.

TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it recently approached investors about a share buyback program, according to two people familiar with the matt… ...

ByteDance behind on AI. ByteDance started 2024 by confronting the hard truth that it had fallen behind rivals in the AI race, Bloomberg reported.At an all-staff meeting, ByteDance co-founder and ...

ByteDance, the Chinese tech giant behind TikTok, is pulling back from video gaming in a shift that will result in hundreds of job cuts. The Beijing-based company will wind down Nuverse, the unit ...

In an era of rapid technical developments and soaring values, ByteDance remains the most valuable startup in the world, with a valuation of $225 billion, according to CB Insights’ tracker ...