ByteDance cofounder Zhang Yiming has become China’s richest man as investors bet on companies with AI potential.

Beijing-based ByteDance said on Tuesday the head of its artificial intelligence lab will leave the company, as its short-video app TikTok faces U.S. scrutiny over security and privacy issues.

The ByteDance logo is seen at the company's office in Shanghai, China July 4, 2023. REUTERS/Aly Song/File Photo MOSCOW, Jan 22 (Bernama-Sputnik/RIA Novosti) - Chinese company ByteDance, the owner of ...