ByteDance responds to the separation of chip business: Rumors, the main body of the business has not changed.
Recently, there have been rumors that the entire chip team at ByteDance had their permissions revoked, and the business was separated from the group and transferred to a new entity without providing N+1 compensation. The changes involved the entire chip team, not just the AI chip business, with a focus on actions that appear to be cutting ties with ByteDance, and will operate under a shell of a new Singaporean company in the future. On September 4th, a responsible person at ByteDance responded that the related news was a rumor, and that the main body of ByteDance's chip business has not changed. This time, only the Feishu tenant was switched, and various excessive interpretations such as layoffs, independence, and changing the entity were not true.
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