China has emerged as a global leader in AI research and development, with companies like Tencent, Baidu, and Alibaba leading the way. Tencent’s announcement follows a series of AI-powered applications revealed by Baidu. The announcement also comes after the implementation of more supportive regulations for AI development in China, which aim to establish a framework for responsible AI development and usage.
Key takeaways:
- Tencent Holdings Ltd is set to launch its AI model, “Hunyuan”, for business applications, with potential uses in advertising and fintech.
- The company plans to integrate Hunyuan into its existing services, including WeChat and Tencent Meeting, and also plans to launch an AI chatbot.
- China is a global leader in AI research and development, with companies like Tencent, Baidu, and Alibaba leading the way.
- New regulations in China are encouraging AI development, establishing a framework for responsible AI usage and aiming to ensure the quality of AI-driven services.