ByteDance, the company behind TikTok, has launched its latest generative artificial intelligence image model. The firm claims this new model undercuts Google's popular Nano Banana image editor, marking a significant step in the growing AI competition between China and the United States. As AI technology becomes a key battleground, ByteDance's move comes as China and the US intensify efforts to lead in this space. The announcement highlights how companies from both sides are racing to develop smarter and more efficient AI tools.