According to CoinMeta, ByteDance is investing a large portion of the money earned from Douyin and TikTok into AI, with plans to transform from a traffic platform into a full-stack AI company. The company is simultaneously developing basic models, video generation, enterprise cloud services, overseas data centers, and self-developed chips. The monthly active users of DouBao have reached 324 million, and the basic model team has expanded to about 2,000 people. Huoshan Engine accounts for 16% of China's AI cloud service revenue, ranking second. In addition, ByteDance is also advancing data center projects in five countries and developing inference chips for internal use.