Source: Tech – South China Morning PostByteDance risks throwing away its lead in China’s fierce artificial intelligence consumer race by monetising too early, according to analysts, after its flagship chatbot Doubao shed millions of users following a sneak peek at paid-subscription tiers.
The assessment follows a 6.1 million drop in Doubao’s monthly active users (MAUs) in May – a rare slump for the app since its 2023 launch – after it teased its first-ever subscription options, according to data released on Wednesday by global AI…Read More