ByteDance Launches Seedance 2.0 AI Model That Creates Videos from 12 Files Simultaneously, Sparking 20% Stock Surge

ByteDance unveils Seedance 2.0, a groundbreaking AI model that simultaneously processes 12 different files to generate videos with automatic sound effects and can mimic camera movements from reference footage, triggering a 20% stock surge as the AI video generation battle intensifies.

• Bytedance releases Seedance 2.0, a multimodal AI video generation model that processes up to 12 files including images, videos, audio, and text simultaneously to create 4-15 second videos with automatic sound effects
• The model's standout feature allows users to upload reference videos and adopt their camera work, movements, and effects while replacing characters or extending clips based on that input
• The release follows competitor Kuaishou's Kling 3.0 launch and drives Chinese media and AI company share prices up by as much as 20 percent as the AI video race intensifies