TikTok's owner launches powerful video AI and raises alarms about realistic deepfakes
Chinese tech company ByteDance has launched a new video generation AI called Seedance 2.0, raising concerns about deepfakes due to its realism and leading to investor interest in related industries.
China slaps US$3.7 million fine on Kuaishou over live-streaming e-commerce violation
China has imposed a US$3.7 million fine on Kuaishou for violating regulations in live-streaming e-commerce as part of a broader crackdown on undesirable practices in Chinese online platforms.
Video-generation boom sees China’s Kling AI post US$240 million in annual revenue run rate
Kling AI, a generative AI service from China, achieved over $20 million in sales in December, leading to an annual revenue run rate of $240 million, as reported by owner Kuaishou.