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RE: LeoThread 2024-10-21 05:25

in LeoFinance3 months ago

TikTok owner fires intern who 'maliciously interfered' with AI project

ByteDance confirmed the intern’s dismissal, writing on a Chinese social news platform.

TikTok’s China-based parent company ByteDance fired an intern for allegedly sabotaging a training session about artificial intelligence.

#newsonleo #tiktok #ai #bytedance

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ByteDance confirmed the worker was canned in August after having “maliciously interfered” on a research project to train AI models.

The company denied reports that the intern cost it “tens of millions of dollars,” saying that those claims were “seriously exaggerated.”

“The intern involved maliciously interfered with the model training tasks of the commercial technology team’s research project, but it did not affect the formal commercial projects and online business, nor did it involve other businesses such as ByteDance’s large models,” the TikTok owner wrote in the post on a Chinese social news platform.

ByteDance, which employs more than 110,000 employees in more than 200 cities globally, is considered a tech leader when it comes to algorithm development.

Last month, it was reported that ByteDance planned to develop an AI model trained primarily with chips from Chinese firm Huawei Technologies.

Who is Bytedance?

Bytedance is a Chinese technology company founded in 2012 by Zhang Yiming. The company is best known for developing the popular short-form video-sharing app TikTok, as well as other applications such as Douyin, a Chinese version of TikTok.

Here's a brief History of Bytedance:

  • 2012: Zhang Yiming founded Bytedance in Beijing, China, initially focusing on developing news aggregation apps.
  • 2013: Bytedance launched its first app, Toutiao, a news aggregation app that used AI-powered algorithms to curate news articles and recommendations.
  • 2014: Bytedance acquired musical.ly, a social media app popular among teenagers for creating and sharing short-form lip-sync videos.
  • 2016: Bytedance merged Musical.ly with its own app, Douyin, to create a new app called TikTok for international markets. Douyin was already a popular app in China, but it was rebranded as TikTok for the global market.
  • 2017: Bytedance raised $1 billion in funding from investors, valuing the company at $15 billion.
  • 2018: TikTok acquired Musical.ly for $1 billion, and Bytedance announced that it would be merging the two apps under the TikTok brand.
  • 2019: Bytedance was valued at $75 billion after a round of funding, making it one of the most valuable private companies in the world.
  • 2020: Bytedance announced that it had reached 1 billion active users on TikTok, and the app became the most downloaded app in the world in 2020.

Today, Bytedance is a leading technology company in China, with a wide range of applications and services, including TikTok, Douyin, Toutiao, and others. The company is known for its innovative use of AI and machine learning, and its ability to create engaging and addictive user experiences.