TikTok Parent ByteDance Takes Aim At Alibaba, DeepSeek With New Open-Source AI Model

benzinga.com/markets/tech/25/08/47256848/tiktok-parent-bytedance-takes-aim-at-alibaba-deepseek-with-new-open-source-ai-model

ByteDance released a new open-source AI model on Wednesday, aiming to challenge rivals Alibaba (NYSE:BABA) Cloud and DeepSeek in the global market.
Alibaba’s shares traded lower on Thursday following the announcement.
The TikTok and Douyin parent’s Seed division, which drives its AI…

This story appeared on benzinga.com, 2025-08-21 12:38:54.
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