Bytedance Archives

ByteDance’s Doubao Vision Understanding Model is 85% Cheaper than the Industry Average Price

ByteDance officially launched the Doubao Vision Understanding Model and announced its price at 1,000 tokens for 0.003 yuan, 85% cheaper than the industry average.

ByteDance Founder Zhang Yiming Enters the Private Equity Industry, Mainly Investing in Technology-Related Sectors

ByteDance co-founder Zhang Yiming established 'Cool River Venture HK Limited' has obtained an asset management license, with a main investment focus on technology-related industries.

CapCut Reported Nearly 10 Billion Yuan in Revenue for 2024, Achieving Triple-Digit Growth

Under the ByteDance umbrella, CapCut achieved a revenue growth of over three digits in 2024, with total revenue close to 10 billion yuan.

ByteDance’s AI Assistant Doubao Introduces Image Recognition Feature

ByteDance's AI assistant Doubao has now launched image recognition feature, which can identify the content of uploaded images.

ByteDance’s Video Generation Model PixelDance to be Launched Ahead of OpenAI’s Sora

According to the Chinese media Jiemian, ByteDance will soon launch a video generation model called PixelDance, ahead of Sora.

ByteDance’s Zhang Yiming Becomes the First Self-Made Chinese Billionaire Born in the ’80s

Zhang Yiming, the 41-year-old founder of ByteDance, increased his wealth by 105 billion yuan from last year, becoming China's richest person for the first time with 350 billion yuan.

ByteDance Releases GR-2 Robot AI Large Model

ByteDance releases GR-2 robot AI large model, with an average task completion rate of 97.7%, simulating human learning to handle complex tasks.

ByteDance Reportedly Seeking a $9.5 Billion Loan

ByteDance is reportedly seeking a loan of $9.5 billion, poised to be the largest dollar-denominated corporate loan in Asia, excluding Japan.

French Billionaire Xavier Niel Joins ByteDance’s Board of Directors

French billionaire and founder of Iliad Telecom Group, Xavier Niel, has joined ByteDance's board.

Former 01.AI Core Member Joins ByteDance’s AI Team Amidst 01.AI’s Strategic Refocus

In response to the news of core member Huang Wenhao joining ByteDance, 01.AI stated that the company structure has been adjusted recently to focus more on the company's business.

ByteDance Establishes a Large Model Research Institute

Insiders reveal that several AI experts have already joined the large model research institute and will report directly to Zhang Yiming.

ByteDance Releases ‘Doubao MarsCode’ Tool with Code Completion Function

ByteDance has released an intelligent development tool "MarsCode", which is built on Doubao large model, aiming to provide efficient and intelligent programming experience for developers in China.

ByteDance Continues Development of AI Wearable Devices

An insider reveals that ByteDance founder Zhang Yiming is highly interested in the exploration of AI hardware.

ByteDance’s New Large Model, Doubao, Delivers Stellar Performance

Doubao made substantial strides in code capabilities, improving by around 50% compared to the previous generation model on the HumanEval and MBPP evaluation sets.

ByteDance Released DouBao Large Model

Currently, the DouBao large model processes 120 billion tokens of text daily and generates 30 million images.

ByteDance’s Lifestyle App Lemon8 Is Gaining Popularity in the United States

The popular lifestyle app Lemon8, launched by the Chinese social media giant ByteDance four years ago, is gaining increasing popularity in the United States.

ByteDance Dismisses 61 Employees for Corruption

ByteDance's Corporate Discipline and Professional Ethics Committee reported 61 cases of employee violations of laws and discipline today, and all employees involved have been dismissed.

ByteDance Denies 60% Profit Growth in 2023: Profit Growth and Data Are Not True

ByteDance officially denies a 60% increase in profits in 2023: 'Media reports about ByteDance's profit growth and data rumors are not true.'

ByteDance’s Lark Announces Organizational Adjustments and Layoff to Enhance Efficiency

On March 26, Xie Xin, CEO of ByteDance's Lark (also known as Feishu), sent a letter to all employees announcing a new round of organizational adjustments and appropriate downsizing.

ByteDance Launches AI Interaction App ‘BagelBell’

A ByteDance employee revealed anonymously that many employees of Baidu's Ernie Bot team and Alibaba Cloud have been invited to the Flow department.

Everything about China's Innovation