Asia Tech Wire (Oct 29) -- TikTok owner ByteDance is ready to set up an AI R&D center in Europe.

The company has begun actively recruiting top technical talent in large language models (LLMs) and AI in Europe to strengthen its AI R&D capabilities in China, the world's second largest economy.

Earlier, ByteDance expanded into the European market with the addition of a new European director, Xavier Niel, a wealthy French businessman and founder and chairman of French telecoms provider Iliad.