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

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.

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.

DeepSeek, an AI platform founded by Liang Wenfeng, surpasses ChatGPT as the most downloaded free app in the U.S., impacting major technology stocks. F

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,

Chinese startup DeepSeek has been taking the AI industry by storm with a new chatbot rivaling ChatGPT and Gemini that uses a fraction of the power, time, and money to train and operate.

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.

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.

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.

Max's debut is unusual, considering it arrived on the first day of the Lunar New Year holiday, when most Chinese workers