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.

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.

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.

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,

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

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

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

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.

When Chinese quant hedge fund founder Liang Wenfeng went into AI research, he took 10,000 Nvidia chips and assembled a team of young, ambitious talent. Two years later, DeepSeek exploded on the scene.

ByteDance's Doubao 1.5 Pro follows the success of the AI company DeepSeek, which surprised the global tech community by introducing its own efficient AI model last year.