Tencent releases AI model for businesses as competition in China heats up
CNBC 2023-09-07 02:05:28 • 4 mins
Key Points
- Chinese tech giant Tencent is launching its artificial intelligence model "Hunyuan" for business use at an annual summit on Thursday.
- That's according to Dowson Tong, CEO of the cloud and smart industries group at Tencent, who spoke with CNBC's Emily Tan in an exclusive interview ahead of the event.
- The gaming and social media giant was also set to release an AI chatbot on Thursday, according to an online post.
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 of AI-powered applications on Tuesday in the wake of more supportive regulation.
