ByteDance's new move in AI: launching the 'Liu Si' AI companion app and the Jimeng video model

ByteDance has released a new AI companion app named 'Liu Si', which is a chatbot available on both iOS and Android. The company also updated its Jimeng AI model to enable video generation capabilities, allowing users to create short videos from text prompts. Additionally, ByteDance has started offering external API services for its other AI products, such as the Douyin recommendation algorithm. These moves signal ByteDance's aggressive expansion in the AI sector, competing with other Chinese tech giants like Baidu and Tencent.