ByteDance’s Doubao foundation model 1.6 was officially released, featuring three models: Doubao-Seed-1.6-thinking, Doubao-Seed-1.6, and Doubao-Seed-1.6-flash.Taking the thinking model as an example, it enhances reasoning capabilities and supports multimodal inputs. Doubao-Seed-1.6 supports three thinking modes: on, off, and auto. Related NewsOutstanding Loan Growth YoY for May in China is 7.1%, lower than the previous value of 7.2%. The forecast was 7.2%.For instance, in the National College Entrance Examination (Gaokao) Math Section (New Volume I) in China, the Doubao foundation model scored 144 points, ranking first nationwide.ByteDance CEO Liang Rubo stated at a conference that it’s essential to promote good technology and enable deep customer adoption to maintain the company’s technological competitiveness. Liang underscored that AI development is still in its premature stage, likening the current progress to "the first 500 meters of a marathon".Related NewsSpot USD/CNY Adds 9 bps to Close at 7.1838