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

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,

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.

Meta and other AI competitors are facing challenges from China's DeepSeek as its new AI model outperforms competitors at lower costs.

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 compute

Chinese tech giant Alibaba released a new AI model, Qwen 2.5, coinciding with the Lunar New Year. This launch, driven by competition with DeepSeek's s

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.

Hong Kong: The Chinese artificial intelligence firm, DeepSeek, has made waves in the tech world by claiming its new AI model, R1, performs just as well as OpenAI’s offerings. What’s even more astonishing is that R1 achieves this despite using less powerful computer chips and consuming far less energy than its rivals.

Alibaba unveils Qwen 2.5 AI model, claiming it outperforms GPT-4o and DeepSeek-V3 as China’s AI race intensifies.

While ByteDance has said they do not plan to sell their TikTok US operations, this has not stopped potential buyers from lining up to bid.

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.

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.