The sale marks ByteDance’s potential exit from its gaming business, which it began restructuring in 2023.

ByteDance’s move reflects increased competition among domestic AI developers.

The company had planned to retire GPT-4o in August after launching GPT-5 but kept it available for paid users due to user feedback.

Over 80 percent of surveyed startups are involved in AI-related activities.

His new package is tied to stock awards and company milestones, with potential payouts over the next decade.

Sociolla continues to expand amid increasing competition from brands such as BeautyHaul and The Colorist.

Recursive’s goal is to create AI that can improve itself over time without human feedback.

The probe follows complaints from industry groups and businesses about unfair exclusivity clauses.

he company previously raised over US$5 billion in debt to cover tax costs tied to employee stock sales.