BRIEF-Tencent has been developing its own AI foundational models - president

Tencent Holdings Ltd: * TENCENT PRESIDENT: ASKED ABOUT ARTIFICIAL INTELLIGENCE WORK, SAID THEY HAVE BEEN DEVELOPING THEIR OWN FOUNDATIONAL MODELS AND PLAN TO GRADUALLY ROLL THEM OUT AT THE BACK END

* TENCENT PRESIDENT: WE ARE RAPIDLY ADVANCING OUR PROPRIETARY FOUNDATION MODEL HUNYUAN WHICH HAS STRONG CAPABILITIES IN CHINESE LANGUAGE PROCESSING * TENCENT PRESIDENT: IT WILL BE HARD FOR AI TECH TO DISRUPT OUR CORE SOCIAL AND GAMING BUSINESSES AS THEY ARE USER TO USER ORIENTED, INVOLVE PREMIUM CONTENT Further company coverage: