ByteDance

ByteDance is a Beijing-based company that operates some of the world’s most popular social media platforms, including TikTok and Douyin. Founded in 2012, the company has quickly grown into one of the largest and most innovative technology firms globally, with a focus on artificial intelligence and machine learning. Notable executives include founder Zhang Yiming, CEO Liang Rubo and TikTok CEO Shou Zi Chew. ByteDance has recently faced scrutiny from governments and competitors over data privacy and national security concerns. Despite these challenges, the company remains a major player in the global technology industry, with a growing footprint in markets around the world.

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Art by Mike Sullivan

China’s DeepSeek is Raising Money for First Time, At $10 Billion-Plus Valuation

By Qianer Liu, Jing Yang and Juro Osawa · Apr 17, 2026 7:36am PDT

DeepSeek is in talks to raise outside capital for the first time, seeking to beef up its financial war chest so it can better compete in the costly battle to develop leading AI models, according to five people familiar with the matter. DeepSeek is owned by Chinese hedge fund High-Flyer Capital Management, which has financed the startup so far.... DeepSeek is in talks to raise outside capital for the first time, seeking to beef up its...

Boston Dynamics' humanoid robot, Atlas. Photo by Chris Jung/NurPhoto via Getty Images

Google’s New Model Makes Robotic Brains Slightly Smarter

By Rocket Drew · Apr 16, 2026 7:00am PDT

Earlier this week, Google DeepMind released Gemini Robotics-ER-1.6, a new vision and language model to help robots make sense of their surroundings. To show off its capabilities, Boston Dynamics—which has an agreement to use Gemini in its humanoid robots—published a video of its robot dogs using the model to read a thermometer during an... Earlier this week, Google DeepMind released Gemini Robotics-ER-1.6, a new vision and language...

Mike Krieger from Anthropic. David Paul Morris/Bloomberg via Getty Images.

Figma’s Apple Moment; Allbirds’ AI Pivot

By Martin Peers · Apr 15, 2026 5:00pm PDT

AI really is transforming the world! The latest example: Dying shoemaker Allbirds is turning itself into an AI chip firm called NewBird AI. Its stock rocketed 600% in response. But before we dig into that bizarre story, we should highlight what may be today’s more meaningful news: Anthropic executive Mike Krieger’s departure from the board of... AI really is transforming the world! The latest example: Dying shoemaker Allbirds is turning...

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ByteDance Suspends Launch of Video AI Model After Copyright Disputes With Hollywood

By Juro Osawa and Qianer Liu · Mar 14, 2026 9:00am PDT

ByteDance has put on hold the global launch of its latest video-generation model, Seedance 2.0, due to a string of copyright disputes with major Hollywood studios and streaming platforms, according to two people with direct knowledge of the situation. The TikTok parent released Seedance 2.0 to consumers and businesses in China last month, and... ByteDance has put on hold the global launch of its latest video-generation model, Seedance 2.0,...