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      <title>ByteDance&#39;s Volcano Engine Denies IPO Plans, Unveils Doubao 2.1 as Token Usage Hits 180 Trillion Daily</title>
      <link>https://it-news.uk/posts/volcano-engine-denies-ipo-doubao-2-1/</link>
      <pubDate>Tue, 23 Jun 2026 00:00:00 +0800</pubDate>
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      <description>&lt;p&gt;Volcano Engine, the cloud services arm of ByteDance, has no plans to pursue a separate initial public offering, according to company president Tan Dai. Speaking at a media session during the 2026 FORCE conference on June 23, Tan addressed growing speculation that the unit might be spun off amid soaring valuations across the AI sector. &amp;ldquo;As far as I know, Volcano Engine currently has no plans for a separate spin-off IPO,&amp;rdquo; Tan said, adding that ByteDance remains firmly focused on advancing its core AI technologies — including the Doubao large language model, the Seedance video generation platform, and enterprise AI-native architecture deployment.&lt;/p&gt;</description>
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      <title>Doubao AI Will Remain Free for Everyday Users, Professional Edition with Office Task Mode Powered by 2.1 Pro on the Way</title>
      <link>https://it-news.uk/posts/doubao-free-professional-edition-office-mode-2-1-pro/</link>
      <pubDate>Tue, 23 Jun 2026 00:00:00 +0800</pubDate>
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      <description>&lt;p&gt;At a time when AI subscriptions are becoming the norm, ByteDance is charting a different course. Speaking at the 2026 Volcano Engine FORCE conference on June 23, Volcano Engine president Tan Dai addressed the question on many users&amp;rsquo; minds: will Doubao start charging? His answer was unequivocal. &amp;ldquo;Doubao is not part of Volcano Engine&amp;rsquo;s business scope, but to my knowledge, Doubao will remain free, and will continue serving a broad user base with high quality,&amp;rdquo; Tan said. He also revealed that the product is about to launch a professional edition featuring an office task mode, powered by the newly announced Doubao 2.1 Pro model.&lt;/p&gt;</description>
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