According to Bloomberg, ByteDance plans to launch an AI video assistant similar to Meta's Muse in the coming weeks to strengthen its position in AI video generation. Co-founder Zhang Yiming announced the plan at an internal AI team meeting, targeting competitive parity with Anthropic and OpenAI by 2029 or 2030. The initiative, which includes potential spending of up to $70 billion, will complement the Seedance video generation model series. The AI research team, led by Wu Yonghui from Google DeepMind, comprises approximately 1,000 researchers and engineers.

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