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 ...

TikTok owner ByteDance said it has achieved a 1.71 times efficiency improvement in large language model (LLM) training, the latest Chinese tech company to achieve a breakthrough that could ...

Below is a rating scale available to employees in Asia at TikTok and ByteDance. The global employees BI spoke with said these ratings are combined into an overall performance score for each staffer.

Zhang Yiming, founder of ByteDance, has become one of China's richest individuals with a net worth of $65.5 billion. His journey from a small Beijing startup in 2012 to creating the global ...

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up Cao Dapeng, former head of PopAI at 01.AI, has ...

ByteDance offers $189.90 per share in new buyback program Valuation increase reflects recovery from 2023 drop Share price implies $315 billion for ByteDance March 4 (Reuters) - TikTok's parent ...

TikTok’s parent company ByteDance’s valuation has jumped to approximately $315 billion in the latest share buyback announced by the company. The news was first reported by Reuters, citing ...

As investors continue to bet on companies with AI potential, the co-founder ByteDance, Zhang Yiming, has emerged as the richest man in China with a net worth of $65.5 billion, as per Forbes ...

Tencent (OTCPK:TCEHY), Alibaba (NYSE:BABA), and ByteDance (BDNCE) have "significantly increased" orders of the H20 - a chip specific to China due to U.S. export controls - since the Chinese AI ...

(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 ...

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Every Wednesday and Friday, TechNode’s Briefing ...