Tencent Unveils Larger AI Model in Bid to Close Gap With Rivals

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    "url": "https://www.caixinglobal.com/2026-08-28/tencent-unveils-larger-ai-model-in-bid-to-close-gap-with-rivals-102479258.html",
    "title": "Tencent Unveils Larger AI Model in Bid to Close Gap With Rivals - Caixin Global",
    "excerpt": "Tencent Holdings Ltd. launched and open-sourced a new large language model tailored for productivity tasks on Friday, accelerating its release cycle amid a fierce domestic AI race. The new model features 770 billion total parameters, 49 billion active parameters and a context length exceeding one million tokens. The release came less than two months after Tencent introduced Hy3 on July 6, marking a faster pace of major upgrades for a company that has been seen as trailing some Chinese AI developers. Unlock exclusive discounts with a Caixin group subscription - ideal for teams and organizations. Subscribe to both Caixin Global and Bloomberg - for the price of one. Tencent Shares Fall as AI Spending Squeezes Profit",
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