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

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

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.

DeepSeek's innovative techniques, cost-efficient solutions and optimization strategies have forced established players to re-evaluate their approaches.

OpenAI has launched Operator, a largely autonomous AI agent designed to take your simple text prompts and turn them into real-world tasks completed via the internet. In theory, you can ask it to do almost anything that's possible via a web browser. In practice, early users seem to be finding the results rather hit and miss.

UI-TARS understands graphical user interfaces (GUIs), applies reasoning and takes autonomous, step-by-step action.

When Chinese quant hedge fund founder Liang Wenfeng went into AI research, he took 10,000 Nvidia chips and assembled a team of young, ambitious talent. Two years later, DeepSeek exploded on the scene.

The dependency dance between AI pioneer OpenAI and the Microsoft Azure cloud and the application software divisions of its parent company are fascinating

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.

Liang Wenfeng’s quant trading hedge fund High-Flyer uses artificial intelligence to predict market trends and help make investment decisions. In 2021, he started buying thousands of Nvidia chips as part of an AI side project, then launched DeepSeek in 2023.

Hedge fund manager and entrepreneur Liang Wenfeng built an AI model on a tight budget despite a US attempt to halt China’s high-tech ambitions.

A proposal document viewed by CNBC, which was shared with ByteDance and prospective new investors, detailed the creation of a new U.S. holding company, "NewCo."