Tencent has released and open-sourced Tencent Hy4 preview, a next-generation large language model with 770B total parameters and 49B active parameters, and a context window exceeding 1M tokens.
Tencent is reportedly in talks to acquire Manus from Meta, following Beijing intervention — company expects to remain independent of Chinese tech giant
Tencent is in talks with Manus and other investors to raise the $2 billion needed to buy back the startup from Meta. Beijing ordered the two companies to unwind the deal six months after the surprise announcement of its purchase.
Tencent Holdings Ltd. and Alibaba Group Holding Ltd. earnings will be shaped by rising artificial intelligence investment costs and growing competition in China’s AI sector, following DeepSeek’s high-profile V4 model launch.
