TikTok has been spending $20 million a month to purchase OpenAI models through Microsoft. The purchases make up about 25% of Microsoft's AI revenue. TikTok's parent ByteDance is reportedly building its own AI models - if successful, TikTok would no longer need OpenAI or Microsoft. Other companies reportedly purchasing OpenAI models through Microsoft include AT&T, Coca-Cola, Fidelity, Volvo, and Walmart.
Thursday, August 1, 2024