Tencent has said it was internally testing its Hunyuan AI model on advertising and fintech.
Tencent is integrating Hunyuan's capabilities with its existing products for video conferencing and social media, Tong told CNBC.
The company operates WeChat, a widely used messaging and payments app in China, and video conference platform Tencent Meeting.
Baidu and several other Chinese companies received the green light in the last few weeks to release AI-powered chatbots to the public.
"The constraint that we're facing will hinder the progress, the speed of development," Tong told CNBC in response to a question about U.S. restrictions.
Persons:
Dowson Tong, Tencent, Tong, Ernie, ChatGPT
Organizations:
CNBC, Baidu
Locations:
China, Beijing