Popular Social Media and entertainment platform TikTok uses very successful artificial intelligence algorithms. And now, it can be distributed to companies that want it with this artificial intelligence licensing method. The BytePlus platform will follow these licensing processes. The details of the news prepared by the editors of Sahne Medya, your closest solution partner in the digital world, are as follows:
The biggest contribution to the TikTok application reaching its current point was the excellent operation of the artificial intelligence discovery and recommendation algorithms. While global operations were transferred to the Oracle and Walmart partnership, they remained with ByteDance. Now these technologies will also make money.
BytePlus Licenses Are Coming
BytePlus, a new division established by ByteDance, will handle the licensing of the artificial intelligence algorithms used by TikTok. Headquartered in Singapore, BytePlus is a multinational organization with offices in Hong Kong and London. Along with TikTok’s successful and smooth-running discovery and recommendation engines, visual computing technologies, automatic text translations, and real-time effects can also be licensed and made available to other companies. This will provide ByteDance with a large amount of money.
BytePlus has already gained important customers following this development. US fashion app Goat, Indonesian travel site WeGo and e-commerce site Chilibeli have already started using BytePlus’ artificial intelligence technologies.
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09-07-2021 11:25:15