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Tencent releases AI model for businesses as competition in China heats up - TL;DR CNBC

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

Publishing timestamp: 2023-09-06 23:05:19


Summary

Tencent is launching its artificial intelligence model "Hunyuan" for business use at its annual summit. The company is also set to release an AI chatbot. Tencent is integrating Hunyuan's capabilities with its existing products for video conferencing and social media. The article also mentions the new Chinese regulation on generative AI and the constraints faced by Chinese companies due to U.S. restrictions on obtaining advanced semiconductors. Tencent's CEO, Dowson Tong, discusses the potential impact of AI on society and the need for quality control to prevent the spread of false information. He also highlights the importance of industry-specific training for AI technology to generate value.


Sentiment: NEUTRAL

Tickers: 700-HKBABABIDU

Keywords: market insiderbusiness newsstock marketsalibaba group holding ltdtencent holdings ltdtechnologybaidu incbreaking news: technologymarkets

Source: https://www.cnbc.com/2023/09/07/tencent-releases-ai-model-hunyuan-for-businesses-amid-china-competition.html


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