Loading...
Market
Story
ByteDance Poaches Alibaba's AI Talent, Leads China's AI Race
Dec 8, 2024, 05:05 AM
ByteDance, the parent company of TikTok, has taken an early lead in China's generative AI race by poaching top talent from rivals, including Zhou Chang, the former head of Alibaba’s 'Tongyi' model, along with his team. This strategic acquisition has dealt a significant blow to Alibaba and highlights ByteDance's aggressive push into the AI sector. ByteDance has also become Nvidia's biggest customer in China, further solidifying its position in the AI race, as reported by multiple sources.
View original story
Similar markets
Top 1 • 25%
Top 2 • 25%
Top 3 • 25%
Below Top 3 • 25%
Google • 25%
Microsoft • 25%
Meta • 25%
Other • 25%
Microsoft • 25%
Meta • 25%
ByteDance • 25%
Tencent • 25%
Microsoft • 25%
Meta • 25%
ByteDance • 25%
Tencent • 25%
Amazon • 25%
Google • 25%
Microsoft • 25%
Meta • 25%
Meta Platforms Inc. • 25%
Tesla Inc. • 25%
ByteDance • 25%
Other • 25%
Huawei • 25%
Alibaba • 25%
Baidu • 25%
Other • 25%
Less than $1 billion • 25%
$1 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
More than $3 billion • 25%
Cloud hyperscalers • 25%
Enterprise sector • 25%
AI startups • 25%
Other • 25%
Less than $1 billion • 25%
$1 billion to $2 billion • 25%
$2 billion to $3 billion • 25%
More than $3 billion • 25%