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Insiders close to ByteDance said there is no plan to spin off the AI4S team; the unit has completed an internal reorganization and is now managed by Yang Zhenyuan. ByteDance Seed, launched in 2023 to pursue general intelligence, focuses on MLLM, GenM

2026-05-29

Insiders close to ByteDance said there is no plan to spin off the AI4S team; the unit has completed an internal reorganization and is now managed by Yang Zhenyuan. ByteDance Seed, launched in 2023 to pursue general intelligence, focuses on MLLM, GenMedia, AI for Science and robotics and maintains labs and roles in China, Singapore and the US.

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2026-05-29

The Indonesian rupiah fell to a record low of 17,878 per US dollar.

The Indonesian rupiah fell to a record low of 17,878 per US dollar.
2026-05-29

At the morning open, China’s main futures contracts were mostly higher: SHFE silver and tin rose more than 2%; 20# rubber, lithium carbonate and SHFE gold were up about 2%; PET chips, SHFE copper and LME copper gained over 1%. SC crude oil and low‑su

At the morning open, China’s main futures contracts were mostly higher: SHFE silver and tin rose more than 2%; 20# rubber, lithium carbonate and SHFE gold were up about 2%; PET chips, SHFE copper and LME copper gained over 1%. SC crude oil and low‑sulfur fuel oil (LU) fell more than 1%.
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