Bank of America Securities

Five Chinese AI labs—ByteDance, Tencent, MiniMax, Alibaba, and Xiaomi—cut token prices by 50% to 99% within the same competitive window, driven by narrowing capability differences between major AI mod…

ByteDance and Tencent have slashed AI model prices, joining a deepening price war in China's AI sector as falling costs and narrowing capability gaps intensify competition. ByteDance's Seedance 2.0 Mi…

Bank of America Securities initiated coverage on TeraWulf with a Buy rating and a $34 price target, citing the company's successful pivot from Bitcoin mining to AI data center operations. TeraWulf rep…