ByteDance denies plans to enter smart driving business

ByteDance denied reports that it plans to enter the autonomous driving sector, stating it has no plans to develop a smart driving business. The company said it is conducting early-stage research in frontier AI large model technologies, including Physical AI, but not autonomous driving.

ByteDance has denied reports that it plans to enter the autonomous driving sector. Recent media reports claimed the company was exploring autonomous driving, with a particular focus on driverless logistics, and that the initiative would fall under the automotive division of ByteDance’s cloud platform, Volcano Engine. Responding to China Star Market, ByteDance said: “ByteDance is conducting early-stage research and exploration in frontier AI large model technologies, including Physical AI. However, we have no plans to develop a smart driving business.” China Star Market https://www.chinastarmarket.cn/detail/2424611 , in Chinese News Feed https://technode.com/category/news-feed/