ByteDance’s new model sparks stock rally as China’s AI video battle escalates

Feb 9, 2026

TikTok parent ByteDance’s pre-release of its latest artificial intelligence video model, Seedance 2.0, over the weekend has sent ripples across the tech and video production sectors as competition among Chinese tech titans’ AI apps intensifies. The model – still in beta and available to select users of Jimeng AI, ByteDance’s AI video platform – delivered enhanced lifelike video outputs that blurred the boundary between AI content and reality, offered smoother camera movement and improved visual...

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