Yahoo! Finance reports: “TikTok parent ByteDance is adding video-generation ability to its ChatGPT alternative Doubao, as the short-video giant doubles down on a potential blockbuster in China’s fast-growing generative artificial intelligence (AI) market. The Doubao chatbot – powered by its namesake large language model (LLM), the same underlying technology behind ChatGPT – has started testing a new video function that is able to convert text or images into lifelike video clips, thanks to its “outstanding semantic understanding capability”, according to the app’s introduction.”