ByteDance released Doubao-1.5-pro, an upgrade to its flagship AI model, which it claims outperforms OpenAI's o1 in AIME.

ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year, much of which will be centred on artificial intelligence, two people briefed on the matter said.

TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI models capable of tackling complex problems.

Meta and other AI competitors are facing challenges from China's DeepSeek as its new AI model outperforms competitors at lower costs.

Founded just 20 months ago in Alibaba’s home city of Hangzhou, DeepSeek has upended the industry with its low-cost, high-performance AI models. The pressure is now on established players like Alibaba,

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 only now becoming clear to the world.

Alibaba unveils Qwen 2.5 AI model, claiming it outperforms GPT-4o and DeepSeek-V3 as China’s AI race intensifies.

Perplexity AI made changes to its merger proposal with ByteDance, the parent company of TikTok, on Sunday.  TakeAway Points: Perplexity AI revised the merger proposal it had submitted to TikTok parent ByteDance.

Chinese tech giant Alibaba released a new AI model, Qwen 2.5, coinciding with the Lunar New Year. This launch, driven by competition with DeepSeek's s

China seeks AI dominance, making significant investments and implementing safety and ethics regulations. Leading AI models include Alibaba's Qwen, Baidu's Ernie Bot, and ByteDance's Doubao.

Social-media giant ByteDance, China's most valuable unicorn, on Thursday unveiled its Seed Edge initiative, a long-term artificial intelligence (AI) research programme that is expected to shore up the TikTok owner's efforts in the fast-developing technology.