TENCENT

About Tencent

Technology company

Recent News about Tencent

• Osome highlights Singapore as global launchpad for AI startups

  On July 27, 2026, AI company‑management platform Osome issued a press release positioning Singapore as a preferred base for AI startups, citing OpenAI’s S$300 million ecosystem commitment and Cognition’s new APAC headquarters. Osome also announced an MCP server that lets founders access finance and compliance data via agents in Claude, ChatGPT and Gemini. ([prnewswire.com](https://www.prnewswire.com/apac/news-releases/osome-eyes-the-next-wave-of-ai-companies-choosing-singapore-302834753.html))

  Source: PR Newswire APAC2026-07-26T22:00:00.000Z

• China AI labs slash costs as Moonshot, Z.AI and DeepSeek surge

  Fortune reports that Chinese labs Moonshot AI, Z.AI and DeepSeek are now offering frontier‑level models like Kimi K3 and GLM‑5.2 at a fraction of U.S. competitors’ prices, with some tokens priced under 2 percent of Anthropic’s Fable. The story, published July 26, 2026 at 5:00 PM ET, details how these models are gaining traction with U.S. developers and enterprises despite export controls. ([fortune.com](https://fortune.com/2026/07/26/china-moonshot-deepseek-zai-kimi-challenging-us-ai-cost/))

  Source: Fortune2026-07-26T21:00:00.000Z

• DeepSeek halts $1.5B follow on AI fundraising after viral remarks

  Chinese AI startup DeepSeek has suspended its second fundraising round, in which it aimed to raise at least 10 billion yuan, after comments attributed to founder Liang Wenfeng about US–China AI competition went viral. Bloomberg, via Business Standard, reported on July 25 that DeepSeek informed prospective investors the deal is on hold, even as it considers an IPO and emphasizes a long term push toward AGI with open source models.([business-standard.com](https://www.business-standard.com/world-news/deepseek-puts-fundraising-on-hold-after-founder-s-remarks-go-viral-report-126072501034_1.html))

  Source: Business Standard2026-07-25T15:46:00.000Z

• Tencent extends free access to open-source Hy3 MoE model

  Tencent has extended its limited free access campaign for the open‑source Hunyuan Hy3 model for WorkBuddy and CodeBuddy users until August 5, according to a July 20 IT之家 report citing Tencent PR head Zhang Jun. Hy3, released as open source on July 6 with 295B parameters and 256K context, is positioned as a fast-thinking/slow-thinking MoE model competitive with much larger proprietary systems.([aihot.virxact.com](https://aihot.virxact.com/items/cmrsmg3s60agmbiwmbksy7mpz))

  Source: IT之家2026-07-20T02:19:00.000Z

• WAIC 2026 showcases China pivot from model race to AI deployment

  Momenta Media reports that WAIC 2026 in Shanghai, running July 17–20, has shifted focus from ever-larger models to commercial deployment of AI agents, humanoid robots and domestic compute systems. Exhibits from Alibaba Cloud, Tencent, Baidu, Huawei and others emphasized real-world workflows, supernode clusters and AI-native devices like agentic smartphones and glasses. ([momenta.media](https://www.momenta.media/article/waic-2026-signals-china-s-ai-industry-is-shifting-from-model-race-to-commercial-deployment))

  Source: Momenta Media2026-07-19T21:05:38.854Z

• Moonshot Kimi K3 fuels China’s open-weight AI insurgency

  Axios reports that Beijing-based Moonshot AI’s new Kimi K3 model is accelerating a shift toward cheap, open-weight AI systems, with Chinese models topping usage charts on OpenRouter. The Eastern Herald separately details Kimi K3 as a 2.8-trillion-parameter, 1M‑token-context model whose open weights are due to be released on July 27, 2026.

  Source: Axios2026-07-18T13:00:00.000Z

• DeepSeek eyes $71B valuation in new $1.5B AI funding push

  Chinese AI lab DeepSeek is reportedly in talks to raise around $1.5 billion at a $71 billion valuation, just weeks after closing a $7 billion first external round at $50 billion. The company is also preparing for an IPO targeted for 2027, with a possible acceleration to late 2026 depending on markets.([easternherald.com](https://easternherald.com/2026/07/15/deepseek-ipo-billion-valuation-china-ai/))

  Source: The Eastern Herald2026-07-15T06:00:00.000Z

• StepFun unveils StepX Neo agentic AI smartphone and Step AOS

  Tencent‑backed Chinese startup StepFun this week unveiled the StepX Neo, an "agentic" smartphone running its own Step AOS operating system and Amoo AI agent. At a July 13, 2026 launch event in Shanghai, the company said the device can orchestrate multi‑step tasks across partner apps via natural‑language commands instead of traditional app‑by‑app interactions.

  Source: South China Morning Post2026-07-14T12:30:00.000Z

• Zhipu and MiniMax double down on AGI as SenseTime open‑sources vision model

  On July 13, 2026, Chinese outlet Jiemian reported that Zhipu AI’s founder launched a two‑year “Touch High” plan focused on AGI research, while MiniMax’s CEO pledged zero salary until AGI and committed 5% equity to staff and open‑source initiatives. The same market note highlighted SenseTime’s full open‑sourcing of its unified visual model SenseNova‑Vision and rapid growth in Chinese model usage on OpenRouter.

  Source: Jiemian2026-07-13T21:07:25.486Z

• China launches ‘Tianshu Plan’ AI breeding challenge at digital economy forum

  On July 13, 2026, Sina Finance reported that the Global Digital Economy Conference’s AI-for-seed-industry forum in Beijing kicked off the first “Tianshu Plan – AI Breeding Challenge.” The competition, led by the Chinese Academy of Agricultural Sciences with support from Beijing’s industry bureau and Tencent’s Sustainable Social Value unit, aims to link high‑quality breeding data, AI algorithms and real‑world seed‑development scenarios.

  Source: Sina Finance2026-07-13T00:20:00.000Z