ByteDance Raises Up to $600 Million in Funding For Its Subsidiary Dongchedi
ByteDance is raising up to $600 million in funds for its automotive information and transaction platform 'Dongchedi'.
9/9/20241 min read
Tag: #Bytedance
Showing 12 of 21 posts with this tag
PICO Develops Multiple AI Wearable Devices with DouBao Large Model
PICO under ByteDance has been developing multiple wearable devices since the second half of 2023, which will be equipped with AI.
ByteDance Completes Acquisition of Oladance
ByteDance has completed the acquisition of Oladance, strengthening its layout in the AI hardware field.
9/4/20243 min read
ByteDance Denies Collaborating with Broadcom to Develop Dedicated Chips
ByteDance denies collaborating with Broadcom to develop dedicated chips.
MiniMax's App Talkie Generates Significant Advertising Revenue
MiniMax's revenue this year is expected to reach around $70 million. Its app Talkie has generated a large amount of advertising revenue, sparking a trend in AI applications that replicate companionship roles.
10/30/20242 min read
ByteDance Denies that 'TikTok Proposed Transferring Control to the U.S. Government in 2022'
On May 30th, ByteDance issued a statement denying that "TikTok had proposed transferring control to the US government in 2022".
5/30/20241 min read
CapCut's New Brand Dreamina Launches AI Video Editing Feature
ByteDance's video editing product CapCut's new brand Dreamina announced that its AI drawing and AI video creation functions have been fully launched.
5/10/20242 min read
ByteDance Seeks to Sell Moonton for $5 Billion
ByteDance is seeking to sell its subsidiary gaming company, Moonton Technology, for a price not less than $5 billion, and has hired Goldman Sachs as a financial advisor to assist in finding and contacting potential buyers.
Moonshot AI's New Valuation Is $3 billion, With Tencent Joining in
The financing of Moonshot AI, a large-scale company, is still ongoing, and the latest valuation has reached $3 billion, with new entrants include Tencent.
Tongyi Qianwen's Flagship Model Qwen-Long Announces A 97% Price Reduction
After ByteDance released the DouBao large model, Alibaba Cloud quickly followed suit: the main model Qwen-Long, announced a price reduction.
5/21/20242 min read
Baidu Announces Two Main Large Models Will Be Available for Free
After the significant price reduction of ByteDance and Alibaba Cloud's large models, Baidu's two main large models are announced to be free.
5/22/20244 min read
ByteDance Is Exploring the Combination of Large Models and Hardware
ByteDance is exploring the integration of large models with hardware, developing AI hardware in-house while also collaborating with external hardware companies.
9/20/20243 min read