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ByteDance, Tencent Slash AI Model Prices Amid Fierce Competition
In Entwicklung
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ByteDance, Tencent Slash AI Model Prices Amid Fierce Competition

ByteDance and Tencent Holdings are cutting prices for their AI models, joining rivals like Xiaomi and Alibaba in a price war sparked by intense competition in China's AI market. ByteDance's Seedance 2.0 Mini is now half price, while Tencent reduced costs on its TokenHub platform. This follows similar moves by other major tech firms aiming to attract users amid a vibrant but crowded AI landscape.

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SCMP Tech
Tencent unveils first flagship AI model with former OpenAI researcher at helm
NACHRICHT
23.04.2026

Tencent unveils first flagship AI model with former OpenAI researcher at helm

Tencent Holdings has released a new flagship artificial intelligence model, the first since former OpenAI researcher Yao Shunyu joined the Chinese tech giant to lead its foundational AI development efforts. The Shenzhen-based company said on Thursday that the closed-source HY3-Preview was its most powerful model yet, on par with leading Chinese models, while still lagging top US models from the likes of OpenAI and Google DeepMind. Notably, the model is relatively small with only 295 billion...

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SCMP Economy