BytePlus, a unit of TikTok owner ByteDance is going to partner with Mysten Labs to integrate AI algorithms in the Sui Blockchain. The firm’s venture into Web3 and AI comes at a time when the industry has been gaining traction from both consumers and users.
BytePlus Strikes Deal With Mysten
The Sui layer-1 blockchain’s creators, Mysten Labs, have formed a strategic alliance with BytePlus, the enterprise technology division of ByteDance, the company that owns TikTok, to expand into the Web3 space.
In partnership with Mysten Labs, BytePlus will investigate data warehousing, content development, recommendation, and augmented reality in Web3 game platforms and socialFi initiatives.
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BytePlus to Give Multiple Services to Sui
The deal implies that Sui will be able to combine its entire nodes’ data with ByteHouse, a cloud-native data warehouse, for real-time and batched analysis, improving performance and guara
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