TikTok’s AI shall cease to be trade secrets — in fact, it’s now on the open market. The Financial Times has learned that mother companionship ByteDance calmly launched a BytePlus division that sells TikTok technology, including the recommendation algorithm. Customers can also buy computer vision tech, real-time gists and automated translations, among other features.
BytePlus debuted in June and is based in Singapore, although it has vicinities in Hong Kong and London. The company is looking to register marks in the US, although it’s not particular if the conglomerate has an American presence at this stage.
There are already at least a few clients. The American fashion app Goat is already exerting BytePlus code, as are the Indonesian online browse busines Chilibeli and the travel site WeGo.
ByteDance wouldn’t comment on its plans for BytePlus.
A move like this wouldn’t be surprising, even though it is might remove some of TikTok’s kudo. It could help ByteDance compete with Amazon, Microsoft and other business selling behind-the-scenes implements to ventures. It is likely to serve as a fence. TikTok and its Chinese copy Douyin might be close to plateauing, and selling their tech could keep the money flowing.
Read more: engadget.com