ByteDance Unveils Lance: A Single Model for Video Understanding, Generation, and Editing
ByteDance presented Lance, a multimodal model for working with video and images. A single framework simultaneously handles understanding, generation, and editin

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ByteDance presented Lance, a multimodal model for working with video and images. A single framework simultaneously handles understanding, generation, and editing of visual content. The model uses just 3B active parameters, enabling deployment on standard hardware. The source code is open — developers gain a powerful tool without needing to build their own solutions.