TikTok owner ByteDance said it has achieved a 1.71 times efficiency improvement in large language model (LLM) training, the ...

ByteDance cofounder Zhang Yiming has become China’s richest man as investors bet on companies with AI potential.

(Bloomberg) -- ByteDance Ltd. plans to buy back employee stock at a valuation of about $312 billion, a significant markup from previous levels that reflects a brightening outlook for Chinese tech ...