Chinese AI companies have been investing heavily to develop and promote their agentic services. In mid-February, ahead of the celebrations, Alibaba, an e-commerce giant, and ByteDance, which controls TikTok and its local sister-app, Douyin, both launched upgrades to their chatbots that allow these to perform various tasks on behalf of users. More than 100m beverages…
Chinese video platform giant ByteDance on Sunday, 15 February, pledged to curb Seedance, the controversial artificial intelligence (AI) video-making tool, BBC reported. Also Read | What is Seedance 2.0? The cinematic AI video generator Disney, Paramount write a cease-and-desist letter to ByteDance The development comes after Disney and other entertainment giants threatened legal action. On…
US President Donald Trump on Friday shot off a thank you note to his Chinese counterpart Xi Jinping, hours after TikTok and its parent ByteDance formed a joint venture to transfer parts of its American business to software giant Oracle, private equity firm Silver Lake, and Abu Dhabi-based investment firm MGX. “I am so happy…
Show Quick Read Key points generated by AI, verified by newsroom Amidst the ever increasing deadlines, the decision has finally been taken to sell TikTok in America. This short video platform of Chinese company ByteDance will be bought by an investor group led by Oracle. This deal is expected to happen on January 22. After…
