Exclusive | AI takes priority at TikTok owner ByteDance, as Sora disrupts the future of video creation
- ByteDance founder Zhang Yiming and other key voices at the company view AI as a battle that it cannot afford to lose, a source says
- Zhang, who is no longer CEO but still holds major sway at the firm, has been spending a lot of time studying AI, according to Chinese reports
Liang Rubo, who took over as chief executive from co-founder Zhang Yiming in 2021, has set out three objectives for ByteDance with regard to GenAI this quarter: strengthen the recruitment of AI talent, enhance the organisational structure, and improve fundamental research, according to people with access to internal briefings, who declined to be named because the information is private.
ByteDance’s website lists more than 300 job openings related to GenAI, over 100 of them related to large language models (LLMs), the technology that is used to train ChatGPT and similar chatbots.
ByteDance is “secretly” working on multiple AI products, including text-to-image and text-to-video technology, according to a report on Wednesday by Chinese media outlet Jiemian.