Today, in response to rumors that ByteDance might initiate a price war for large models, Douyin Vice President Li Liang issued a statement on social media, clearly stating that this is not a price war. Li Liang pointed out that the Doubao large model has reduced costs through technological innovation, with significant optimizations in algorithms, software engineering, and hardware solutions. He mentioned that the pricing of 0.3 yuan per 1,000 tokens not only has a considerable gross profit but also follows a transparent pricing strategy, which is not the traditional 'list price discount' model.

At the 2024 Volcano Engine FORCE Power Conference in Winter, ByteDance also launched the Global AI Search on Volcano Engine. This service integrates contextual search recommendations, enterprise private domain information integration, and connected Q&A services, closely aligning enterprise information, business needs, and user demands to help businesses achieve more precise recommendations and broader information discovery.

ByteDance recently released a new feature for the Doubao application - Image Understanding. The Doubao app and PC version have added photo and camera buttons, allowing users to upload images for content recognition. Doubao's image understanding capability goes beyond text recognition; it can also analyze image content and even understand and explain jokes.

Today, ByteDance's Volcano Engine announced that the Doubao Large Model will release a video generation model on September 24, bringing upgrades to more capabilities in the model family. It is understood that the Doubao Large Model was officially launched at the Volcano Engine Original Power Conference on May 15, 2024.