ByteDance - Asia Tech Wire

ByteDance

2024.12.28

06:52

Trump asks US Supreme Court to suspend TikTok forced sale order

The reporter learned on December 27 local time that US President-elect Trump has requested the US Supreme Court to suspend the execution of the forced sale order of TikTok. Trump said he hopes the court will give him time to resolve the dispute through political means after he officially takes office on January 20 next year. On December 18 local time, the US Supreme Court announced that it would discuss the bill banning TikTok from operating in the United States again. It is reported that the US Supreme Court will debate the case on January 10, allowing the court to rule on the issue before the law takes effect on January 19. The bill requires TikTok's parent company ByteDance to divest TikTok, otherwise TikTok will be banned from operating in the United States. ByteDance has made it clear that it will not sell the TikTok business.

2024.12.26

07:56

Guotai Junan: Optimistic about competition in ByteDance's embodied intelligent model algorithm

According to Guotai Junan, ByteDance's second-generation robot model GR-2 has preliminary world-model capabilities and performs well in grabbing disordered objects.

2024.12.25

15:23

Kaiwang Technology: The company has no direct business cooperation with ByteDance

Kaiwang Technology stated on an interactive platform on December 25 that the company has no direct business cooperation with ByteDance.

2024.12.24

18:37

Chen Zhijie, head of TikTok algorithm at ByteDance, may leave the company soon and has started a business in AI Coding

It was learned from multiple insiders that Chen Zhijie, the head of ByteDance's TikTok algorithm, may resign in the near future. At present, he has started a business in the field of AI. Insiders said that Chen Zhijie's entrepreneurial direction is AI Coding, and he is currently contacting investors one after another.

2024.12.23

17:18

Baidu rose 1.4% before the market opened, and its H shares closed up more than 3%. It is expected to adjust its strategy to win back Apple's big order

Baidu's Hong Kong stocks closed up more than 3% today, and Baidu's US stocks rose 1.43% before the market opened at $87. In terms of news, it was previously reported that Apple was in talks with Tencent and ByteDance, planning to integrate the AI models of these two companies into iPhones sold in the mainland. Prior to this, the market generally believed that Baidu was Apple's partner, but due to differences in technology and privacy issues, the cooperation between the two parties broke down. However, according to the latest news, in the face of this change, Baidu may re-examine its strategy and try to save this large order worth more than 10 billion US dollars. In addition, State Grid Corporation of China recently released the "Guangming Big Model", a large model of the power industry, and signed a strategic cooperation agreement with Baidu.

15:33

Gaolan Holdings: Liquid cooling related customers include ByteDance, Alibaba, Tencent, GDS, Inspur, etc.

08:32

CITIC Securities: ByteDance's Doubao exceeded expectations, focusing on opportunities in the domestic AI computing power network industry chain

According to a research report by CITIC Securities, the performance of the Doubao model exceeded expectations, reflecting that ByteDance's investment in AI has formed a positive feedback, and the effect of the domestic AI industry catching up with overseas has begun to show. Domestic leading companies are expected to accelerate their investment in the field of AI. With reference to overseas, North American Internet leaders have increased their investment in AI for several consecutive quarters. Meta's capital expenditure accounts for more than 20% of its revenue, while the capital expenditure of domestic Internet leaders accounts for far less than 10%. The gap in AI investment intensity between Chinese and American technology giants is large, and it is expected that there is a certain room for improvement in the capital expenditure of domestic giants. We are optimistic about the increase in domestic AI investment in AIDC, high-speed switches, optical modules, AEC, liquid cooling and other fields.

2024.12.20

06:33

Two U.S. senators urged Biden to approve a 90-day legal extension for ByteDance to divest TikTok by January 19.

2024.12.19

20:16

Zhang Yiming enters private equity, insiders say his focus shifts to big models and AI

According to The Paper, an informed source said that although he has stepped down as CEO, Zhang Yiming has shifted his focus to the strategy and research of large models and AI (artificial intelligence). It is understood that Zhang Yiming is not only personally responsible for recruiting Chinese AI talents from competing companies, but also repeatedly emphasized the goal of pursuing "general artificial intelligence" internally. ByteDance insiders said that Zhang Yiming is extremely focused on achieving general artificial intelligence (AGI).

18:29

ByteDance: There is a phenomenon of speculation on "doubao concept stocks" in the market. Investors should not believe market rumors easily.

According to Sina Finance, ByteDance issued a risk warning, saying that recently, the capital market has been speculating on "doubao concept stocks", and many exaggerated or even fictitious contents have been circulated, involving ByteDance's capital expenditures, data center expenses, AI hardware, application cooperation, etc. Investors are advised not to believe market rumors to avoid unnecessary investment losses.

16:20

Shengtian Network: Has connected to ByteDance Doubao AI tool to try out AI game production

Shengtian Network said on the interactive platform that in terms of game services, Internet cafes and e-sports hotels are the main offline scenarios for players to play PC games. The company is currently a local life service provider for Douyin, mainly deploying Douyin operations in Internet cafes and e-sports hotels, covering store group buying operations, account content planning and live broadcast services. In addition, the company has cooperated with many domestic leading AI companies and has currently connected to ByteDance's Doubao AI tool, which is being tried out in AI game production, customer service robots and other businesses. The company has developed a multi-player interactive mini-game "Zi Ling Contract" driven by a large AI model. The game combines multimodal AI large model applications and has been connected to the Doubao AI tool. It is a game that combines "card drawing + turn-based battle". It has been launched on the company's own platform Yiqiyou, and is expected to be launched on the company's social products and other platforms in the future. The game is the company's exploratory product in the field of AI and is expected to have little impact on the company's revenue.

16:13

The average price has dropped by 85%, and Douyin's vice president responded to the suspected price war of large models

At the Volcano Engine Force Power Conference on December 18, Tan Dai, president of Volcano Engine, released the Doubao visual understanding model. It is reported that the price of the Doubao visual understanding model has dropped to 0.003 yuan/thousand tokens, and 1 yuan can process 284 720P pictures, which is 85% lower than the industry average price. As a result, rumors of ByteDance's price war for large models have spread. Li Liang, vice president of Douyin, responded in a post: This is not a price war. Li Liang said that the Doubao large model reduces costs through technological innovation, and has made a lot of optimizations in algorithms, software engineering and hardware solutions. The pricing of 3 cents/thousand tokens also has considerable gross profit. And this is a one-step transparent price, not a "publication price + discount" game. We hope to promote the popularization and application development of AI technology at a lower cost, just as Tan Dai said: "A good model should be affordable for every company."

14:59

Apple is reported to be in talks with Tencent and ByteDance about AI model cooperation: Tencent declined to comment and ByteDance has no response yet

There are reports that Apple is in talks with Tencent and ByteDance to integrate the two companies' artificial intelligence models into iPhones sold in China, but the negotiations are still in the early stages. On December 19, Tencent told reporters: "No comment." ByteDance has not responded yet.

13:04

Apple is said to have made initial contact with Tencent and ByteDance to consider embedding their AI models into iPhones sold in China

Apple is reportedly in talks with Tencent and ByteDance to integrate their AI models into iPhones sold in China, several people familiar with the matter said.

12:42

Apple in talks with Tencent, ByteDance to integrate its artificial intelligence features into iPhones sold in China

Apple is in talks with Tencent and ByteDance to integrate their artificial intelligence features into iPhones sold in China.

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