ByteDance Prepares Muse-like AI Agent, Aims to Match OpenAI by 2030

ByteDance plans to launch an AI assistant similar to Meta's Muse in the coming weeks to solidify its leading position in AI video, with the hope of closing the gap with top U.S. labs within three years.

Co-founder Zhang Yiming presented the plan to the AI team during an all-hands internal meeting, stating that it would take until at least 2029 or 2030 to compete with Anthropic and OpenAI in cutting-edge fields. The company will invest up to $70 billion to build the Seedance video AI platform and does not advocate relying on model distillation.

Source: Bloomberg | The Economic Times