ByteDance Refutes Offering $1.4M Annual Salary to Poach OpenAI Talent

It was reported that ByteDance, TikTok’s mum or dad firm, provided an annual wage of $1.4 million to poach expertise of the ChatGPT R&D crew from OpenAI. On April 24, a spokesperson for ByteDance responded to the report and acknowledged that it was not true, in accordance to Chinese media outlet The Paper.

ChatGPT is a chatbot launched by OpenAI in November 2022 and is at the moment one of many hottest subjects within the tech business. Its emergence has sparked a brand new spherical of AI “arms race,” with many expertise firms around the globe saying their entry into this area. In China, as an illustration, Alibaba‘s large-scale mannequin product “Tongyi Qianwen” started invitation testing on April 7. Later on April 14, Tencent Cloud launched its new era HCC high-performance computing cluster.

SEE ALSO: ByteDance’s Volcano Engine Releases Large Model Training Cloud Platform

ByteDance has not but introduced its personal large-scale mannequin product. According to a report by 36Kr, ByteDance has already laid out plans for large-scale fashions and is specializing in language and picture modalities. A spokesperson for ByteDance later responded that the agency has been exploring these fields however it’s nonetheless immature.

On April 18, Volcano Engine, a subsidiary of ByteDance, launched a brand new model of its machine studying platform which helps coaching fashions with tens of millions of parameters whereas sustaining microsecond-level latency networks. It helps elastic computing and might save up to 70% on computing energy prices. It is appropriate for GPU situations in large-scale distributed parallel coaching eventualities, and its efficiency is greater than 3 times greater than the earlier era of occasion clusters.

According to a report by Caixin, Tan Dai, President of Volcano Engine, stated greater than 70% of Chinese enterprises within the area have already been deployed on Volcano Engine cloud providers associated to large-scale fashions. He additionally talked about that, not like different cloud distributors who launched their very own large-scale fashions, Volcano Engine will present computing energy and technical providers to a number of large-scale mannequin firms, comparable to the connection between Microsoft and OpenAI or Amazon and Bedrock.

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