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WizardLM, a Beijing-based Microsoft AI research group, appears to have joined Tencent, the Chinese company that owns WeChat and blockbuster games like PUBG Mobile. In a post on X on Tuesday, Can Xu, a senior AI researcher who led a number of projects within WizardLM, said that he and the team left Microsoft to join … Read more
As the world continues to navigate the complexities of autonomous driving technology, one company is making significant strides in advancing this innovative field – Pony AI Inc. (Nasdaq: PONY). The stock has seen an astonishing surge of 65.41% over two days as of this writing, driven by its recent unveiling of seventh-generation robotaxis and strategic … Read more
A Pony.ai autonomous car. Pony.ai Chinese start-up Pony.ai said Friday it will develop autonomous driving technology in partnership with Tencent Cloud and offer robotaxi services on tech giant Tencent’s WeChat and other applications. The Nasdaq-listed company which specializes in autonomous vehicle technology, particularly robotaxis and robotrucks, said in a press release that the deal will … Read more
On Jan. 9, Ubisoft said it was postponing the launch of “Assassin’s Creed Shadows” and had appointed advisors to review strategic options. Ina Fassbender | AFP via Getty Images Ubisoft on Thursday announced that it’s creating a new gaming subsidiary with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) into the unit. The … Read more
Tencent Music Entertainment Group (NYSE: TME), the largest music streaming platform in China, has reported an increase in revenue and net income for the fourth quarter of 2024, amid continued strong demand for its services. Fourth-quarter revenues increased to RMB7.46 billion (US$1.02 billion) from RMB6.89 billion in the year-ago quarter, mainly reflecting strong growth in … Read more
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue. Here’s how Tencent did … Read more
The Hunyuan Turbo S AI model is designed to respond as instantly as possible, distinguishing itself from the deep reasoning approach of DeepSeek’s chatbot. Read More
Insurgent Chinese AI startup DeepSeek made global headlines last month when it unveiled its R1 chatbot that can seemingly match American competitors at a fraction of the cost. Read More
Tencent, a Chinese tech company recently added to a U.S. military blacklist, is an investor in Skydance. Read More
Jonathan Raa | Nurphoto | Getty Images Shares of Chinese tech heavyweight Tencent Holdings tumbled 5.4% in Hong Kong after the company was added to a list of “Chinese military companies” by the U.S. Department of Defense. The move follows a near 8% fall in Tencent’s U.S. depository receipts on Wall Street. Other Chinese companies … Read more
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