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.

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.