TikTok owner ByteDance on Wednesday released an update to its flagship AI model as a global race intensified to create AI models capable of tackling complex problems.

The Chinese unicorn’s Seed Edge programme reflects its aggressive investment strategy, as other major tech firms push their AI initiatives.

ByteDance is placing a big bet on artificial intelligence (AI) infrastructure as the TikTok parent plans to spend more than $12 billion on AI in 2025, the Financial Times reported on Tuesday, citing sources.

ByteDance, the Chinese parent company of TikTok, has earmarked over 150 billion yuan ($20.64 billion) for capital expenditures in 2025, with a substantial portion of the funds being directed toward artificial intelligence,

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.

TikTok’s parent company ByteDance Ltd. has set aside 150 billion yuan ($20.64 billion) for its capital expenditure this year, and the bulk of that money will be spent on boosting its artificial intelligence capabilities, Reuters reported today.

ByteDance has launched an artificial intelligence (AI)-powered code editor in competition with American leaders like Cursor and Microsoft's Visual Studio Code, just after US President Donald Trump delayed the enforcement of a law requiring the company to divest TikTok.

DeepSeek has a free website and mobile app even for U.S. users with an R1-powered chatbot interface similar to OpenAI's ChatGPT.

ByteDance, the owner of TikTok, plans to invest $12 billion in AI chip technology by 2025. This strategic move indicates the company's commitment to advancing its technological infrastructure and enhancing its AI capabilities,

With a new model that matches the performance of ChatGPT o1, DeepSeek managed to turn restrictions into innovation.

ByteDance, the Chinese tech giant behind TikTok, has set aside over 150 billion yuan ($20.64 billion) for capital expenditure in 2025. Most of this investment will be funneled into artificial intelligence (AI) advancements, according to Reuters.