
Tencent Rolls Out Hy3 AI Model Globally via WorkBuddy
Tencent releases Hy3 AI model globally through WorkBuddy, free until August 31, enabling practical, trusted, and scalable AI integration for organizations.

Tencent releases Hy3 AI model globally through WorkBuddy, free until August 31, enabling practical, trusted, and scalable AI integration for organizations.

Tencent Holdings reallocates venture capital from legacy internet assets to China's top AI companies, accelerating its AI strategy with investments like a $3 billion round for Kling AI.

Tencent Holdings dismissed a WeChat division project manager, surnamed Ye, after details of his 3.17 million yuan bonus package leaked online. The company cited his passing sensitive corporate information to external parties, causing severe negative impact.

Ant Digital Technologies, Alibaba's fintech affiliate, launched "Agentar 2.0," an upgraded AI agent platform featuring 200 digital expert templates. CEO Cyril Han Xinyi stated the platform aims to restructure enterprise workflows for collective productivity, moving beyond individual task acceleration.

UBS analysts forecast strong June quarter results for Alibaba, citing improved e-commerce margins, reduced food delivery losses, and accelerated cloud growth. The market is expected to refocus on Alibaba's valuable AI assets, with AI model services projected to reach 10 billion yuan in annual recurring revenue.

Petróleo Brent e WTI sobem 2,6% com cotações a US$ 76,09 e US$ 72,25, respectivamente. Mercados asiáticos apresentam desempenho misto, com bolsas chinesas em alta impulsionadas por ações de tecnologia e IA, enquanto Tóquio, Seul e Austrália registram quedas.

Tencent Holdings reduced its stake in Kuaishou Technology to 9.37% from 15.68%, causing Kuaishou's shares to drop over 6%. The divestment follows Tencent's lead in a $3 billion financing round for Kuaishou's AI unit, Kling AI.

Tencent, Alibaba, Meituan, and Xiaomi are initiating large share buy-back programs to counter low stock prices and investor skepticism. Analysts suggest the sector may be nearing a bottom, with companies using buy-backs and leadership appearances to restore market confidence.

ByteDance and Tencent Holdings are cutting prices for their AI models, joining rivals like Xiaomi and Alibaba in a price war sparked by intense competition in China's AI market. ByteDance's Seedance 2.0 Mini is now half price, while Tencent reduced costs on its TokenHub platform. This follows similar moves by other major tech firms aiming to attract users amid a vibrant but crowded AI landscape.

Tencent's Chief AI Scientist Yao Shunyu argues the AI race is in its early stages, with vast opportunities in coding agents, embodied intelligence, and multimodal AI, despite current setbacks.

Tencent is integrating WeChat with smartphone AI assistants from major Chinese phone makers like Huawei and Xiaomi. This move aims to keep its 1.4 billion users engaged by allowing voice commands for messaging and calls within the app, reversing past restrictions.

Tencent is reportedly testing an AI agent for its WeChat ecosystem, with plans to begin compliance processes this month for a potential public launch. The news boosted Tencent's stock, which has fallen over 20% this year.

Former Tencent AI lead Liu Cenyu believes China's AI industry lacks "paradigm" breakthroughs, often copying US or DeepSeek models. He cites the gap in real-world usefulness despite narrowing benchmark scores, contrasting with US advancements like Anthropic's Mythos model.

Liu, former Tencent AI chief, left the company in late 2024, citing a lack of "paradigm" innovations in China's AI industry. He believes Chinese companies are copying US models, hindering progress in large language models (LLMs) despite benchmark score improvements.

Chinese tech firms are leveraging AI to transform the internet from a manual click-and-scroll experience to a more intuitive, conversational one, aiming to streamline online services like search and shopping.

Alibaba and Tencent are increasing capital expenditure on AI, focusing on Chinese-made chips to alleviate supply chain issues, with Alibaba targeting cloud services and Tencent prioritizing internal demand.

Tencent CEO Pony Ma admits past AI shortcomings, announces turnaround progress with Hy3 preview model, amid Q1 earnings miss due to slowed gaming growth.

Tencent Holdings has received conditional approval to acquire online audio platform Ximalaya, expanding its footprint in China's digital content ecosystem

Tencent Holdings has released a new flagship artificial intelligence model, the first since former OpenAI researcher Yao Shunyu joined the Chinese tech giant to lead its foundational AI development efforts. The Shenzhen-based company said on Thursday that the closed-source HY3-Preview was its most powerful model yet, on par with leading Chinese models, while still lagging top US models from the likes of OpenAI and Google DeepMind. Notably, the model is relatively small with only 295 billion...

WeChat has updated its content rules to ban AI and automated publishing, citing concerns over machine-generated content displacing human creators and spreading low-quality material.