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With heavyweight Douyin encroaching on its market share, Meituan cannot afford to remain in autopilot mode.

The transfer of a significant number of employees from ByteDance to Pico has stirred internal strife, posing a threat to further derail the company’s progress.

Contrary to a lack of ambition, Pico’s failure is more closely tied to the pursuit of applications that didn’t align with the strengths of VR technology.

Like other Chinese VR businesses, Pico viewed Meta as the benchmark for success. Attempting to emulate the American tech giant, however, contributed to its downfall.

ByteDance invested approximately RMB 20 billion in Pico, but even that substantial amount of funding could not avert the decline of the VR business.

This Japanese beverage company made waves by featuring an AI-generated character in its latest commercial. Beyond the hype, can such creations truly outshine their human counterparts?

Join Tencent Cloud on November 9 to explore the evolving landscape of new-age consumer behavior.

The world is united in the need to solve the deepfake problem, yet remains divided on the solutions to pursue. How do we harness the benefits of deep synthesis technology while mitigating its dangers?