Beijing
B

BYTEDANCE

Beijing, China

applicationsFounded 2012110,000 employees

About

Chinese technology company behind TikTok. Developing AI models and competing in generative AI.

Recent News

ByteDance spin off Anew Labs raises $290m for AI drug discovery

ByteDance spin off Anew Labs raises $290m for AI drug discovery

The South China Morning Post reports that ByteDance spin off Anew Labs has raised US$290 million at a US$1.5 billion valuation to fund its AI driven drug discovery platform. Investors include HSG (formerly Sequoia China), IDG Capital and 5Y Capital, while ByteDance retains a 56 percent stake in the Shanghai based company. ([scmp.com](https://www.scmp.com/business/china-business/article/3367926/bytedance-spin-anew-labs-raises-us290m-ai-drug-developers-enjoy-fundraising-boom?utm_source=rss_feed))

1w ago•South China Morning Post
Alibaba and ByteDance models dominate global AI video rankings

Alibaba and ByteDance models dominate global AI video rankings

On August 29, 2026, the South China Morning Post reported that Chinese AI video models from Alibaba, MiniMax and ByteDance now hold eight of the top 10 spots on benchmark platform Artificial Analysis. Alibaba’s Wan 3.0 leads the text‑to‑video leaderboard with audio, ahead of Google’s Gemini Omni Flash, with MiniMax H3 variants and ByteDance’s Seedance 2.0 also scoring highly.

Aug 29•South China Morning Post
ByteDance’s Doubao Work pushes office AI agents in China

ByteDance’s Doubao Work pushes office AI agents in China

Chinese outlets reported on August 25 and 26, 2026 that ByteDance has officially launched Doubao Work, an AI agent based desktop product spun out from Doubao’s previous Work Task mode. The new client integrates deeply with ByteDance’s Feishu office suite and aims to handle multi step tasks like document creation, research, data analysis and app control for Chinese enterprise users.

Aug 26•Xinhua

Deal Network

Loading deals...

Also in Beijing