ByteDance founder Zhang Yiming told an internal AI-team all-hands that the company can compete with OpenAI and Anthropic but expects parity with frontier models earliest in 2029 or 2030. He said ByteDance’s Seed-series models still lag top overseas A

2026-11-12

ByteDance founder Zhang Yiming told an internal AI-team all-hands that the company can compete with OpenAI and Anthropic but expects parity with frontier models earliest in 2029 or 2030. He said ByteDance’s Seed-series models still lag top overseas AI firms on the scale of pre-training datasets, and expanding that dataset is the firm’s immediate priority.

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2026-11-12

The Hang Seng Index closed down 307.37 points, or 1.26%, at 24,008.55 on Thursday, November 12. The Hang Seng Tech Index closed down 95.13 points, or 2.36%, at 3,931.93 on Thursday, November 12. The H-share Index closed down 114.69 points, or 1.4%, a

2026-11-12

The Financial Services Commission (FSC) said on Nov. 12, 2026 on its website that internet and social media reports claiming additional stimulus measures for the KOSDAQ to be announced on Nov. 13 are false. The FSC warned that spreading baseless rumo