Sources: ByteDance founder Zhang Yiming is overseeing the development of an AI model for real-time spatial video, which could launch as soon as next month (Bloomberg)

ByteDance founder Zhang Yiming is reportedly overseeing the development of an AI model designed for real-time spatial video generation. This new AI model, which could potentially launch as early as next month, positions ByteDance to compete with major tech companies like Meta Platforms Inc. and Alphabet Inc. The initiative highlights ByteDance's strategic move into advanced AI capabilities for video technology.