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ByteDance Seed released the new generation image creation model Seedream 5.5 on November 9. This model focuses on upgrading three capabilities: achieving pixel-level preservation in non-editing areas during multi-round editing, eliminating color shifts, and reducing detail loss and image quality degradation during continuous modifications, supporting up to 100 rounds of continuous creation around the same work; natively outputting transparent or semi-transparent images with an Alpha channel, handling contour edges and transparent areas; while also improving lighting, material, and skin texture performance, reducing excessive glossiness and overexposure, and enhancing text rendering accuracy for complex glyphs and dense small text.Evaluation shows that Seedream 5.5 has improved generation effect scores and usability in six scenarios: e-commerce, marketing, film and television, gaming, office, and fashion design compared to Seedream 5.0 Pro, with the usability in film and office scenarios exceeding twice that of the previous version. The specialized evaluation for text structure and realism uses GSB scoring, covering text-to-image and image-to-image, with positive preferences in all four comparisons compared to the previous generation, and the realism image-to-image GSB is +55.62%. Compared to GPT Image 2.5 Sunburst and Nano Banana 2.1, Seedream 5.5 performs better in text structure and text-to-image realism. In evaluations covering both Chinese and English as well as dense small text, the severe text distortion rate has dropped to 0.4%, and the slight text distortion rate has dropped to 1.7%. Currently, this model is being gradually launched on Jidream, Doubao, Doubao Work, and Volcano Ark, with a Pro version to be released later.

TikTok's parent company ByteDance is considering expanding its data center project located at the Pecém Industrial Port in Ceará, northeastern Brazil, and is looking for developers to be responsible for the second phase of the project. According to informed sources, the scale of the second phase may exceed the current project being constructed in Ceará; the latter has an investment scale of $10 billion and a capacity of 300 megawatts.ByteDance is also in preliminary talks with developers about constructing a data center of similar scale outside Pecém Port, which will serve local customers in Brazil, while the data center inside Pecém Port must export data to enjoy tax incentives. ByteDance previously announced plans to invest 200 billion reais (approximately $36 billion) in phases to build a data center complex in Pecém, with the first phase scheduled to start construction in early 2026.

On November 5, according to reports from BianNiuShi, Coze, the intelligent agent development platform under ByteDance, announced a phased discontinuation of its current enterprise version. Starting from November 30, the standard and flagship versions for enterprises will stop accepting new customer purchases; the old package on Volcano Engine will be discontinued on December 31 of this year, and the new enterprise package is planned to be fully discontinued by December 31, 2027.Existing enterprise customers can still renew and purchase additional seats, but the service period cannot exceed the discontinuation date of the corresponding product. According to the current announced arrangements, the adjustment targets are the enterprise packages, not the immediate shutdown of Coze as a whole. On August 24 of this year, ByteDance integrated the TRAE and Coze teams into the Doubao system, and the next day launched the Agent product brand "Doubao Work" aimed at productivity scenarios.According to the "2025 China Intelligent Agent Development Platform Market Share Report" released by IDC in June this year, by 2025, Volcano Engine (Coze) will hold the first position in China's public cloud intelligent agent development platform market with a revenue share of 19.3%, while Baidu Intelligent Cloud and Tencent Cloud rank second and third with 13.9% and 12.6%, respectively. Tencent's intelligent agent platform Yuanqi has already updated its service discontinuation announcement on October 8, stating that it will fully cease operations starting November 9, 2026.

On November 3, Veda, an on-chain treasury infrastructure provider, announced that Veda, Aave Labs, and Kamino Foundation released a public summary of a legal framework discussing how U.S. federal securities laws apply to decentralized lending protocols and non-custodial treasuries. Veda stated that the framework addresses how securities laws should apply when financial activities traditionally performed by intermediaries are executed by smart contracts, and ownership, control, and decision-making are decentralized among different participants. The three parties submitted a more detailed version to the U.S. Securities and Exchange Commission (SEC) on October 26 and requested to communicate with the commission's staff. Aave Labs clarified that the detailed version was submitted to the SEC's crypto working group and corporate finance department, and requested a meeting with the staff, with the complete submitted documents remaining confidential.Veda stated: Securities regulation should follow the rights, obligations, and powers that are actually formed by arrangements, including who owns the assets, who bears the obligations, who exercises the authority, and whose economic outcomes are affected. Common infrastructure, receipt tokens, or discretionary service providers cannot unilaterally decide the above issues. The document analyzes against the Howey investment contract standard, Reves note standard, the Investment Company Act of 1940, and the Investment Advisers Act of 1940, and concludes that the analyzed agreements and treasury arrangements do not constitute investment contracts or notes, and the described treasury does not constitute an investment company, nor does the discretionary investment compensation necessarily constitute custody of client assets.Veda also stated that these conclusions depend on the specific structure, contractual arrangements, and distribution of rights and powers described in the document; if the ownership structure, repayment commitments, discretionary powers, or redemption restrictions differ, the legal analysis may also change. This submission did not request the SEC to establish exemptions, safe harbors, or specialized regulatory regimes for decentralized finance, but rather to apply existing securities laws and ask the commission to confirm that the law has distinguished between activities such as issuance, investment management, and custody. The blog post noted that the content is for informational reference only and does not constitute legal advice, and the SEC has not endorsed the conclusions of the document. According to publicly available information from RootData and Veda, Veda was established in 2024 and completed an $18 million financing round led by CoinFund in June 2025.

Exclusive insights from "Intelligent Emergence" reveal that the overseas revenue share of Seedance, a video generation model under ByteDance, has reached 50%. Sources close to Volcano Engine disclosed that in the past six months, Seedance's revenue in overseas markets has grown nearly fivefold, making overseas an important market for this model.In February this year, Seedance 2.0 received a cease-and-desist letter from the Motion Picture Association of America due to generated content involving Hollywood copyrighted characters. Both parties signed a global memorandum of understanding on August 17. Following the release of Seedance 2.5, the Motion Picture Association of America highlighted ByteDance's progress in intellectual property protection. In August, Disney and TikTok reached a global short video content collaboration, allowing creators to compliantly use characters and clips from hundreds of film libraries, including Marvel, Pixar, "Star Wars," and FX, for secondary creation. The works will be distributed to TikTok and Disney+ vertical channel Verts, piloting first in the United States before expanding globally.Domestically, internet companies remain the main clients of Seedance. Insiders indicate that based on token consumption and revenue contribution, Tencent ranks among the top three clients in China, while Bilibili enters the top ten. The number of clients from the physical industry has exceeded one-quarter, covering sectors such as manufacturing, new retail, business services, education, healthcare, telecommunications, automotive, and energy. Tan Dai, president of Volcano Engine, stated at the FORCE conference in June this year that he hopes Seedance will enter production environments across various industries, especially in high-end productivity manufacturing. Volcano Engine established a frontier deployment engineer team this year to delve into industries such as automotive, healthcare, and education.

On October 28, B.AI announced that ByteDance's Seedance series video generation models have been integrated into the API, with official support for full access. A total of four models have been launched, covering different tiers from flagship to lightweight.Seedance 2.5 focuses on multimodal audio-visual joint generation, with a maximum single duration of 30 seconds, up to 1080p 10-bit, supporting up to 50 reference materials and targeted timestamp editing; Seedance 2.0 emphasizes high-quality output, supporting up to 4K 10-bit with audio-visual synchronization, and allows control of the first and last frames as well as extensions before and after; Seedance 2.0 Fast balances speed and cost, providing quick generation at 480p/720p, suitable for advertising variants and storyboard iterations; Seedance 2.0 Mini meets budget-sensitive creative and prompt testing needs at a lower unit price. Developers can now call the above models through the B.AI API, and are welcome to log in to chat.b.ai/chat to experience it.

According to CoinDesk, a large number of AI-assisted vulnerability reports have flooded in, prompting the Solana validator client Firedancer team to require researchers to permanently destroy 1 SOL (approximately $100) for each submitted vulnerability report to curb spam reports. This fee is non-refundable, even if the report is invalid, out of scope, or a duplicate; reports that do not destroy SOL are ineligible for rewards.The $1 million audit competition from April 9 to May 9 attracted 162 researchers who submitted 809 reports, resulting in 127 unique security findings, with nearly half of the valid submissions being duplicates. Jump Crypto believes that almost all submissions involved AI agents in the discovery or writing process, with pending reports once piling up to 299.Meanwhile, Jump has raised the reward standards, with eligible findings able to receive double the standard bounty before November 20, and specific vulnerabilities for Alpenglow being three times, with critical findings up to $300,000.

Mexican cryptocurrency exchange Bitso announced the launch of a product called Bóvedas, which brings the lending functionality of the decentralized lending protocol Morpho into its app.This product allows users to deposit USDC and the stablecoin MXNB, which is pegged to the Mexican peso, into non-custodial lending vaults, enabling users to earn floating returns, while the product does not provide deposit insurance.

According to a report by Top Chinese Science and Technology Community, one of the core leaders of ByteDance's Seed AI research and development, Zhou Chang, submitted his resignation last week. Sources reveal that he will start his own venture, possibly related to embodied intelligence, and he has already been in contact with well-known funds, major corporate investors, and leading large model unicorns. People close to Zhou Chang, however, deny his resignation.Public information shows that Zhou Chang holds a bachelor's degree from Fudan University and a doctorate from Peking University. He previously served as the head of Alibaba's Tongyi Qianwen large model before joining ByteDance, where he was responsible for Seed multimodal interaction, world modeling, and Seed Robotics. Reports indicate that members of his original Alibaba team have also recently submitted their resignations, and the two may start a venture together.

The co-founder of the crypto startup accelerator AllianceDAO, Wang Qiao, stated that he is not worried about the crypto community's ability to cope with future AI and quantum threats, asserting that within the next two years, the world will realize that compared to the internet and traditional finance, cryptocurrencies are much better prepared for this.He mentioned that for the past decade, the crypto market has been a trillion-dollar scale and irreversible honey pot, which is an extremely attractive target for attacks, creating a system that has been tested in real combat far more than almost anywhere else on Earth, as well as a confrontational security culture.

ByteDance's Volcano Engine has released the video generation model Seedance 2.5 4K, expanding the previous maximum support of 1080P in Seedance 2.5 to 4K film production. In addition to improving resolution, the new version enhances micro-expressions, subtle movements, and visual details through specialized training.Volcano Engine claims that when referencing generation and video editing, this model can better preserve the clarity, color, and fine text of the original material. Currently, the first batch is only open to 20 film studios and directors worldwide, with approximately 20 works participating in the trial, and the earliest projects are planned to be broadcast on satellite TV in November.

Beating AI news reports that Wen Shilei, the head of ByteDance's commercialization GenAI R&D, has recently left the company, with his next stop likely being the embodied intelligence company Octopus Power, where he will serve as a partner. Wen Shilei joined Baidu in 2011, previously serving as the head of visual technology and chief architect of the smart city division, and has won Baidu's highest award twice. After moving to ByteDance in 2021, he initially focused on digital humans, XR, and other technologies, and later took charge of engineering R&D for generative AI in commercial scenarios such as advertising.This business line has recently lost several core leaders. Former head of the commercialization GenAI department, Peng Bingyue, left in July this year and subsequently joined Google; the former head of the China region, Yuan Zehuan, also left in July to pursue a startup in world modeling. With Wen Shilei's departure, the remaining team members have been reassigned to other departments.Octopus Power was founded in January 2026 by former Horizon and Jianzhihui Robotics executive Du Dalong, primarily developing world models for robots, dexterous hands, and data collection systems, having raised nearly 1 billion yuan in total financing by June this year. On October 15, Octopus Power confirmed that co-founder Liang Zhujin will leave; Liang Zhujin previously oversaw post-training and data operations, and it is currently unclear whether Wen Shilei will take over related responsibilities.

The Zurich-based robotics startup Enact Intelligence announced the completion of a $30 million Pre-seed funding round, with investors including Redalpine, Notion Capital, and Firstminute Capital. This is the largest Pre-seed funding round in Switzerland's history. Yann LeCun and Mistral co-founder Arthur Mensch also participated in the support.The company was co-founded by former employees of 1X and Physical Intelligence, aiming to address one of the biggest bottlenecks in the robotics field.

AI Agent trading project NeoSoul announced today that Alan, former product head at Tencent and ByteDance, has been appointed as Chief Product Officer (CPO), fully responsible for product direction.Alan graduated from Tsinghua University and has worked on AI products at Tencent, ByteDance's TikTok, and SenseTime, with 8 years of Web3 experience. NeoSoul stated that it will continue to invest in product research and development, with a long-term focus on Agentic Trading.

According to a report by the Financial Associated Press, 2022 Fields Medal winner Hugo Duminil-Copin stated at the French Mathematical Society that his original research direction no longer exists. He said, "On Tuesday night, I cried, and my crying woke up my daughter. They (OpenAI) have destroyed my field of research." The report mentioned that at least 16 papers related to his long-term research interests were included in the results released by OpenAI earlier this month.The report noted that since April of this year, AI companies have frequently announced solutions to unsolved mathematical problems to showcase their model capabilities. Earlier this month, OpenAI released over 700 papers at once, claiming to have solved hundreds of previously unresolved mathematical problems. Stephane Mallat, a recipient of the 2025 Gold Medal from the French National Center for Scientific Research, stated that the emotional impact of AI achievements is significant, but society still needs mathematicians and opposes the notion that "mathematicians are no longer needed." Cedric Villani, the 2010 Fields Medal winner, remarked that in mathematics, the process of reaching conclusions is far more important than the conclusions themselves.Francois Charles, head of the mathematics department at the École Normale Supérieure in Paris, stated that AI is changing the pathways for young people entering the mathematics field and pursuing PhDs, and concerns about talent development and career progression are valid; regarding the research itself, he believes that AI may help solve problems that were previously difficult to tackle. The Simons Foundation announced last week a $15 million initiative to help mathematicians cope with the changes brought by AI, with funding contributed by OpenAI and Anthropic, aimed at supporting workshops to evaluate AI achievements and establish standards for AI usage.

According to a report by Reuters, on October 20, ByteDance, Alibaba, and Tencent have ordered over 3 million RTX PRO 5500 graphics cards from NVIDIA, with a unit price of approximately $11,400, totaling over $35 billion. Due to U.S. export controls, this chip does not include the advanced Blackwell architecture and is currently the most powerful compliant NVIDIA chip available for purchase in China.Insiders have indicated that due to demand far exceeding production capacity, NVIDIA has informed partners that it may only be able to fulfill 5% to 10% of orders. Chinese tech companies primarily use this chip for AI inference and post-training model generation. Although its performance is far inferior to the banned B300 and H200 chips, in the context of ongoing computing power shortages and restrictions, the RTX PRO 5500 has become an attractive alternative. Additionally, NVIDIA plans to shift most of TSMC's capacity to the new generation Rubin products starting in 2027. Currently, ByteDance, Alibaba, Tencent, and NVIDIA have not commented on this.

Phoenix Technology reported that on October 19, ByteDance's cloud and AI service platform Volcano Engine launched the Seedance Premium AI Drama Incentive Program, providing financial incentives for premium AI short dramas produced using Seedance and launched on the Hongguo Short Drama App. This program excludes live-action dramas and is only open to AI comics, AI simulated dramas, and other AI-generated forms. The video content of the submitted works must be entirely produced using Seedance, with the usage of Seedance 2.5 accounting for more than 50%, and the generation format through API or tool platforms is not limited.Works must rank within the top 50 AI dramas of the month based on Hongguo's popularity index and pass the review. The applicant can be a company or an individual and must ensure that the information is true and complete. The incentives are divided into three tiers based on monthly rankings: for TOP 1 to TOP 10, 200,000 yuan per work; for TOP 11 to TOP 20, 100,000 yuan per work; for TOP 21 to TOP 50, 50,000 yuan per work. The distribution method is 50% cash plus 50% equivalent vouchers. The vouchers can be chosen by the applicant at the time of registration from three options, including an equivalent Volcano Ark API Token, equivalent "Drama Creation" usage rights, or equivalent "Comic Creation Tool" usage rights. Selected works must cooperate to complete the verification of the work and generation records, and if necessary, submit original generation materials. Those who do not pass the verification or have false declarations will be disqualified from receiving incentives. The deadline for the first phase of the activity is January 31, 2027.

According to official news, Metis Andromeda will make two adjustments in October: support for Stargate will be terminated on October 23, and LayerZero V1 related routing should be disabled by that date; starting October 30, LayerZero Labs' DVN (Decentralized Verification Network) and Executor will no longer provide services for Metis. Additionally, the Stargate V1 liquidity pool will close on December 15 across all chains.The official statement indicates that most holders do not need to take action. m.USDC, m.USDT, WETH, and METIS are issued by Metis's native cross-chain bridge and are unrelated to Stargate; minting and redemption will proceed as usual, and the Ethereum ↔ Metis native cross-chain bridge will also remain unaffected. Users providing liquidity to the Stargate liquidity pool on Metis must withdraw their liquidity before October 23. If there is any staking, it must be unstaked first, and then users should select the Metis Andromeda network in the Stargate application to withdraw.

According to Jinshi Data, Bank of Japan Governor Kazuo Ueda stated that Japan's core inflation is close to 2%, marking a policy shift, and the central bank's policy has entered a new phase where inflation cannot be allowed to rise further. Due to core inflation being close to 2% and the financial environment remaining accommodative, the Bank of Japan will continue to raise interest rates and adjust its monetary easing policy. The central bank will discuss whether to adjust the assessment of "core inflation close to 2%" at the upcoming meeting.Kazuo Ueda mentioned that the situation in the Middle East, demand for artificial intelligence, and exchange rates will influence the timing of interest rate hikes. The central bank has been monitoring the impact of the weakening yen and the Middle East situation on inflation. He also stated that it is difficult to make a clear statement about Japan's neutral interest rate, and the stability of 2% inflation is becoming increasingly important. The central bank will focus on consolidating the 2% inflation target. Additionally, Ueda noted that the main takeaway from this week's meeting (including the G20) was the communication with other policymakers regarding the impact of the Middle East conflict and demand for artificial intelligence on the global and Japanese economy, and there was nothing heard that deviated from the Bank of Japan's fundamental views. He exchanged opinions with Federal Reserve Chairman Waller but will not disclose specific details; since the meeting in Asheville, he has not contacted U.S. Treasury Secretary Yellen.

According to Bloomberg, ByteDance is close to reaching an agreement with MediaTek to procure semiconductors for data centers. Sources familiar with the matter say that the Chinese social media company is in deep discussions with MediaTek regarding the supply of custom chips, which will be used to operate ByteDance's data centers.Sources indicate that MediaTek will provide an unspecified number of application-specific integrated circuits, which are chips customized for the client's platform. If the deal is finalized, ByteDance could become MediaTek's second-largest customer for such chips after Google, a subsidiary of Alphabet, and it would help the Taiwanese chipmaker compete with Qualcomm. Due to the private nature of the arrangements, the sources requested anonymity.