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in Tech

Tencent releases AI model for businesses as competition in China heats up

by Editor September 7, 2023, 2:09 am 1.3k Views

Tencent showed off its tech at the 2023 World Artificial Intelligence Conference in Shanghai, July 8, 2023.

Nurphoto | Nurphoto | Getty Images

Chinese tech giant Tencent is launching its artificial intelligence model “Hunyuan” for business use at an annual summit on Thursday, Dowson Tong, CEO of the cloud and smart industries group at Tencent, told CNBC in an exclusive interview ahead of the event.

The news comes days after Baidu revealed a slew…

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