SoftBank's investment in OpenAI may position the company as the world's joint-second most valuable private tech firm after SpaceX.

Explore TikTok’s new TRAE AI coding assistant is helping software development with GPT-4, multimodal inputs, and real-time execution. TRAE is

AI-assisted films qualify for protection if shaped by human creativity. Pika 2.1, Hailuo, and Bytedance launch new AI video tools.

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.

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.

ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence,

The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.

ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor and Microsoft's Visual Studio Code, just after US President Donald Trump delayed the enforcement of a law requiring the company to divest TikTok.

The Chinese artificial intelligence firm DeepSeek has rattled markets with claims its latest AI model performs on a par with those of OpenAI, despite using less advanced, more energy efficient computer chips.

TikTok parent ByteDance has launched an updated version of Doubao, China's most popular consumer-facing artificial intelligence (AI) app, as the tech giant accelerates AI development despite US export restrictions on advanced chips.

The AI battle in China is getting intense. During the Lunar New Year, Alibaba released an AI model—Qwen 2.5-Max. The release timing is likely due to the pressure from DeepSeek, an AI startup that is rising fast and is going to shake up the domestic and global markets with its recent progress.