ByteDance’s Cloud Unit Lures AI Ventures With New Products

While many Chinese tech firms, including majors such as Alibaba and Baidu, are racing to create ChatGPT challengers, short-video giant ByteDance Ltd. is doubling down on its technology offering for corporate clients’ large-scale modeling needs.

Volcano Engine, a smart tech brand launched by the TikTok operator in 2021, rolled out a range of new proprietary cloud products at a Shanghai event on Tuesday. They include an updated machine learning platform, which is designed to help artificial intelligence (AI) specialists train large-scale models.