Lv Qian

(Yicai) June 18 -- Chinese internet giant ByteDance is in talks with Shanghai Iluvatar CoreX Semiconductor to purchase 50,000 artificial intelligence chips, according to industry sources. The AI chips involved in the negotiations are the Zhikai series cloud inference graphics processing units, which will be used for large language model inference work, and the Tiangai series for training scenarios, Yicai learned from the insiders.

(Yicai) June 4 -- Doubao, the artificial intelligence application developed by TikTok's parent company ByteDance, has confirmed the launch of a paid version targeting professional users. Doubao plans to introduce a professional version with services, such as software development, data analysis, professional design, process automation, financial analysis, scientific research, and other specialized services, the AI app said in a statement on its official WeChat account yesterday.

(Yicai) June 1 -- This year will be a banner year for artificial intelligence-generated short dramas featuring lifelike human characters, but companies entering the industry blindly without any proper experience face a 99 percent risk of losses or even bankruptcy, industry insiders said. About 128,000 micro-dramas were released in the first quarter, over 95 percent of which were AI-generated, according to data recently released by the China Netcasting Services Association.