ByteDance has unveiled the Doubao-1.5-pro artificial intelligence model, hailed as the company’s flagship, citing superior performance in certain aspects such as MMLU knowledge, McEval code, or DROP reasoning compared to other models like Llama3.1-405B or GPT4o-0806.
The introduction of ByteDance’s new AI model highlights the fierce competition in the AI industry from Chinese companies. Just last week, DeepSeek also launched the DeepSeek-R1, which operates through step-by-step thinking and outperforms OpenAI’s o1 in certain test sets.
The pricing for using Doubao-1.5-pro through the Volcano Engine platform is divided into two sub-models: Doubao-1.5-pro-32k priced at 2 million tokens per output and the enhanced capabilities version Doubao-1.5-pro-256k priced at 9 million tokens.
Source: Reuters and Doubao
TLDR: ByteDance introduces Doubao-1.5-pro AI model with superior performance, highlighting competition in the AI industry, while DeepSeek also launches DeepSeek-R1. Pricing through Volcano Engine platform varies for different sub-models.
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