ByteDance has recently launches its new AI video creation app, Seedance 2.0. The app became available on February 7. Analysts say the platform offers strong video quality and creative control.
Following the news, several Chinese companies saw their shares rise. COL Group Co. reached its daily trading limit. Its shares jumped by 20 percent.
Shanghai Film Co. and Perfect World Co. also gained. Both companies saw a 10 percent increase in share prices. At the same time, the CSI 300 Index rose by 1.4 percent.
Analysts from Kaiyuan Securities reviewed the app’s features. They said Seedance 2.0 supports many input types. These include text, images, videos, and audio.
They also noted improvements in key functions. These upgrades may help AI enter film and television production. Industry experts believe this could change how content is made.
ByteDance launches Seedance 2.0 as part of its push into advanced AI. This move places it in direct competition with major U.S. tech firms.
One tech CEO compared Chinese models with American ones. He claimed the new tools are better in several areas. Another Chinese analyst told CNBC that AI video is still early. However, some Chinese companies already show an advantage.
Experts say relaxed rules may play a role. Some platforms appear more open to recreating known characters. These include figures like Mickey Mouse or the Minions.
This raises questions about copyright. The issue has sparked debate in global tech circles. Some believe regulations may tighten in the future.
Cost is another key factor. According to TIME, Seedance needs fewer credits on Freepik. It reportedly uses half the credits of Google’s Veo 3.
This lower cost could attract more creators. Many small studios and freelancers look for affordable tools.
Seedance 2.0 adds several creative features. One major tool is “Universal Reference.” It allows users to upload up to 12 files.
These files guide the final output. The system can copy style, movement, and composition. It also tracks character actions and camera angles.
The model supports high-resolution results. Some platforms now offer 2K output or higher.
ByteDance launches this tool at a time of rising AI demand. More companies now seek automated video solutions.
Experts say the app could shape future content trends. It may also change how studios plan projects.
In other news read more about Spotify Launches “About the Song” Feature to Reveal Music Stories
For now, Seedance 2.0 remains under close industry watch. Its success may influence the next phase of AI video development.
