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At Shanghai's World AI Conference, ByteDance, Unitree, UBTech, Agibot, and other Chinese companies demoed a wide range of robots, including boxing droids (Bloomberg)

Bloomberg : At Shanghai's World AI Conference, ByteDance, Unitree, UBTech, Agibot, and other Chinese companies demoed a wide range of...

27 November 2023

Sources: ByteDance plans to cut ~1,000 jobs and discontinue all but a few games that have yet to launch, backing away from its aggressive investments since 2016 (Cissy Zhou/Nikkei Asia)

Cissy Zhou / Nikkei Asia:
Sources: ByteDance plans to cut ~1,000 jobs and discontinue all but a few games that have yet to launch, backing away from its aggressive investments since 2016  —  Layoffs come as China company intensifies efforts in generative AI  —  ByteDance, operator of short-video app TikTok, has invested aggressively in gaming since 2016.

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