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Thndr Claps » U.S. Claps » Tech 📲 » Microsoft & ByteDance: Teamwork makes the dream work 🤝

Microsoft & ByteDance: Teamwork makes the dream work 🤝

by Omar El Shorafa
August 29, 2022
Claps, NASDAQ, Microsoft

The Clap
Microsoft (NASDAQ: MSFT) and China’s ByteDance are collaborating on a project called KubeRay, a software that helps companies run more efficiently on artificial intelligence (AI).

The Deets
Microsoft is looking to strengthen its efforts in AI, investing heavily among competitors like Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL), Meta (NASDAQ: META), and Apple (NASDAQ: AAPL).

Microsoft’s collaboration with ByteDance draws attention due to the growing rivalry between the US and China in AI and intellectual property.

Related News
Microsoft attempted to acquire TikTok from ByteDance in 2020. However, the deal never materialized, with Microsoft’s CEO labeling the deal as “the strangest thing “ he’s ever worked on.

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