ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this ...
ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.
Here's an overview of other leading AI models in China, from Alibaba Cloud's Qwen-2.5-1M to Moonshot AI's Kimi k1.5.
DeepSeek, now with models that rival the best of the West, has set the stage for a global war in AI inference pricing that is ...
Perplexity AI made changes to its merger proposal with ByteDance, the parent company of TikTok, on Sunday. TakeAway Points: ...
Social-media giant ByteDance, China's most valuable unicorn, on Thursday unveiled its Seed Edge initiative, a long-term ...
Chinese ByteDance plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home.
ByteDance reportedly plans to double down on domestic AI chips following U.S restrictions. The Chinese tech giant, however, ...
Perplexity AI has revised its merger proposal with ByteDance to create a joint entity, offering the US government up to 50% ...
This significant investment demonstrates ByteDance's commitment to becoming a major player in the global AI landscape, even ...
TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial ...