Zheshang Securities

New Business

China’s ByteDance in race with US rivals to drive artificial general intelligence

Operating under the Beijing-based firm’s Doubao AI model team, Seed Edge will focus on “exploring innovative paths” to artificial general…

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New Business

ByteDance leads China’s Big Tech sector in capital spending with US$11 billion for 2024

TikTok owner ByteDance was China’s biggest investor in technologies including artificial intelligence (AI) in 2024, with its outlay almost matching…

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