TikTok is throwing $20 million a month at OpenAI via Microsoft

Posted under: Web technologies
Date: 2024-08-05
TikTok is throwing $20 million a month at OpenAI via Microsoft

TikTok’s been a big spender for Microsoft, but not on Microsoft’s own AI models. The social media giant has been spending $20 million monthly, as of March, to purchase OpenAI models through Microsoft. TikTok parent company ByteDance is reportedly trying to build its own AI models. If successful, TikTok will no longer need OpenAI, nor Microsoft.

Read more at: qz.com