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(Yicai Global) April 25 -- ByteDance has rebutted a rumor that the Chinese owner of TikTok lured away an employee from ChatGPT developer OpenAI by offering the person an annual salary of USD1.4 million.
The recent online rumor is not true, The Paper reported yesterday, citing an executive at Beijing-based ByteDance.
US startup OpenAI launched its artificial intelligence bot ChatGPT, or Chat Generative Pre-Trained Transformer, last November, getting over 100 million users within two months of its debut and becoming the fastest-growing consumer application of all time.
A number of Chinese tech giants have since followed suit, announcing the development of similar products. Baidu released Ernie Bot on March 16, while Tongyi Qianwen, developed by Alibaba Cloud, was released for testing on April 7.
Volcano Engine, a Chinese enterprise cloud services provider under ByteDance, also debuted a new version of its machine-learning platform on April 18, but the parent firm has not announced a large language model as yet. More than 70 percent of Chinese firms in the LLM field, numbering in the dozens, are using Volcano Engine's cloud service, President Tan Dai said at the time.
“Volcano Engine hasn't made LLMs,” Tan said. “The company will help domestic LLM makers first, and after they finish development, it will join hands to carry out external services.”
Editor: Martin Kadiev