TikTok owner ByteDance launches low-cost Doubao AI models for enterprises, initiating a price war in crowded mainland market

TikTok owner ByteDance launches low-cost Doubao AI models for enterprises, initiating a price war in crowded mainland market

TikTok owner ByteDance has commercially launched a batch of large language models (LLMs) – the technology behind ChatGPT and other generative artificial intelligence (GenAI) services – that costs less than those from industry rivals, a move that could spark a new price war in the world’s second-largest economy. The Doubao LLM family, which shares the … Read more