AI Mania Makes ByteDance Cofounder Zhang Yiming China’s Richest Person
ByteDance cofounder Zhang Yiming has become China’s richest man as investors bet on companies with AI potential.
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Exclusive-TikTok parent ByteDance valuation rises in latest share buyback, sources say
FILE PHOTO: The ByteDance logo is seen at the company's office in Shanghai, China July 4, 2023. REUTERS/Aly Song/File Photo 05 Mar 2025 05:53AM (Updated: 05 Mar 2025 06:03AM) ...
ByteDance says new AI technology boosts model training efficiency by 1.7 times
TikTok owner ByteDance said it has achieved a 1.71 times efficiency improvement in large language model (LLM) training, the ...
TikTok Parent ByteDance’s Valuation Jumps to $315B in Latest Share Buyback
TikTok’s parent company ByteDance’s valuation has jumped to approximately $315 billion in the latest share buyback announced by the company.