The scariest part about driving is arguably the fear of crashing, but a great way to tackle a fear is to learn more about it. Morbid curiosity has led me to YouTube to watch thousands of crash test videos over the years. I believe I have this admittedly strange infatuation because I love cars but […]
According to the Chinese media Jiemian, ByteDance will soon launch a video generation model called PixelDance, ahead of Sora. ByteDance has been active in the field of large models. On September 24th, the company simultaneously released two large models, PixelDance and Seaweed, for video generation, and conducted a small-scale invitation test for creators and corporate […]
President-elect Donald Trump’s team says “he will deliver” on his promise to save TikTok and prevent its threatened U.S. ban in two and half months. In April, President Biden signed a law that gave TikTok’s Chinese parent company ByteDance 90 days to sell the video app or face a total ban in the U.S. The […]
US President-elect Donald Trump, who once sought to ban TikTok during his first term, is now expected to take measures to retain the video streaming platform’s presence in the US when he returns to office. That’s according to the Washington Post, which cited people familiar with his views. Similar reports have appeared at the New […]
A scramble for artificial intelligence (AI) talent is intensifying in China, as local tech giants dangle eye-watering salaries to hire top-notch professionals to compete in a heated AI race. Beijing-based smartphone giant Xiaomi will be hosting a special hiring session for AI experts in areas spanning AI models, computer vision, deep learning, autonomous driving and […]
Chinese artificial intelligence startups are trying to enter the US market and achieve rapid revenue growth. Shanghai-based MiniMax has made significant commercial progress in the past year. According to media reports, MiniMax’s revenue this year is expected to reach around $70 million. This is a high forecast for AI startups that have struggled with commercialization. […]
ByteDance’s Zhang Yiming Becomes the First Self-Made Chinese Billionaire Born in the ’80s – Pandaily
On Tuesday, the Hurun Research Institute released the 2024 Rich List. 1,094 entrepreneurs with personal wealth above 5 billion yuan made it onto this year’s Hurun Rich List, a decrease of 12% (147 people) from last year. The total wealth of the listed entrepreneurs is 21 trillion yuan, down 10% from last year. The number […]
Night view of the Lujiazui financial district in downtown Shanghai. Yongyuan Dai | E+ | Getty Images ByteDance founder Zhang Yiming for the first time has emerged as China’s richest person, according to a list compiled by Hurun Research Institute, leaving behind Nongfu Spring Chairperson Zhong Shanshan who has topped the rankings for three years. […]
AI Technology Review has exclusively learned that ByteDance is preparing to establish an AI research center in Europe. Informed sources revealed that ByteDance has already begun searching for top talents in the fields of LLM and AI in Europe, actively recruiting personnel. Looking at the level of AI technology across various European countries, Switzerland, the […]
ByteDance, the creator of TikTok, recently experienced a security breach involving an intern who allegedly sabotaged AI model training. The incident, reported on WeChat, raised concerns about the company’s security protocols in its AI department. In response, ByteDance clarified that while the intern disrupted AI commercialisation efforts, no online operations or commercial projects were affected. […]