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☆ China wants to challenge the U.S. in AI — here's what Chinese giants are doing with the tech
▼ + stars: | 2024-09-12 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

Generative AI includes applications like OpenAI's ChatGPT, which has the ability to generate text, images and even video based on user prompts. These applications are powered by large AI models which are trained on huge amounts of data, such as Google's Gemini. Chinese technology firms have had to tread carefully in releasing their technology as Beijing has strict requirements for AI models and their uses. CNBC runs through the big Chinese AI models developed by the country's biggest tech firms. It has created a number of AI models aimed at customers in specific industries including government, finance, manufacturing, mining, and meteorology.

Persons: catchup, ERNIE Baidu, Ernie Bot, OpenAI's, Baidu, Ernie, Alibaba, Qianwen, Tencent, Hunyuan, Doubao Organizations: Istock, Getty, U.S, CNBC, Baidu, Huawei, Pangu Huawei Locations: China, Alibaba, U.S . China, Beijing

☆ Tencent shrugged off a new US AI chip ban, saying it's stockpiled enough Nvidia processors for 'a couple more generations'
▼ + stars: | 2023-11-16 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Tencent president Martin Lau said on Wednesday the company is holding a vast stockpile of chips. Its inventory is enough to last its AI development a "couple more generations," Lau said. The US issued a new AI chip export ban to China in October, sparking fears that Tencent could be hit. But Lau also said Tencent will eventually have to pivot toward China-made AI chips. "Going forward, we have to figure out ways to make usage of our AI chips more efficient," Lau said.

Persons: Martin Lau, Lau, —, Tencent, Biden Organizations: US, Service, Nvidia, Baidu, Financial Times Locations: China

☆ Tencent says it stockpiled Nvidia AI chips but seeks Chinese replacements
▼ + stars: | 2023-11-16 | by ( Michelle Toh | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —Tencent rushed to build up “one of the largest inventories of AI chips in China” before US export restrictions took hold, an executive said Wednesday. It is one of the chipmaker’s advanced AI chips designed for use in data centers, the physical facilities used to store troves of electronic information. In late October, Nvidia disclosed that the just-announced restrictions had come into effect “immediately,” weeks earlier than scheduled. “Going forward, we will have to figure out ways to make … the usage of our AI chips more efficient,” namely by working to retain most of the company’s high-performance chips for training the model, he added. The bot was developed specifically for corporate users, allowing them to catch up on meetings by viewing automated summaries or put together documents more efficiently, Lau told analysts.

Persons: Hong Kong CNN — Tencent, Martin Lau, ”, ” Lau, Tencent, “, Biden, Kai, Fu Lee, Lau Organizations: Hong Kong CNN, Nvidia, Bloomberg, Sinovation Ventures, Huawei, Center for Strategic, International Studies, Semiconductor Manufacturing International Corporation Locations: China, Hong Kong, China ”, United States, Beijing, Washington, Shenzhen

☆ Tencent says has Nvidia AI chip stockpile but seeking to buy domestic
▼ + stars: | 2023-11-15 | by ( Josh Ye | ) www.reuters.com time to read: +3 min

Tencent has enough Nvidia chips to continue development of its "Hunyuan" AI model "for at least a couple more generations", so the curbs will not affect near-term AI capability, Lau said. "We will have to figure out ways to make the usage of our AI chips more efficient," he said. "And we will also try to look for domestic sources for these training chips." "We feel that the chip ban does actually affect our ability to resell (use of) these AI chips through our cloud services," he said. Nvidia plans to market new China-bound AI chips, with an announcement on Nov. 16 at the earliest, industry newsletter SemiAnalysis reported last week.

Persons: Aly, Martin Lau, Lau, We'll, SemiAnalysis, Josh Ye, Jane Merriman, Christopher Cushing Organizations: Artificial Intelligence, REUTERS, Tencent Holdings, HK, Nvidia, Huawei Technologies, Reuters, Baidu, Huawei, Thomson Locations: Shanghai, China, HONG KONG, U.S

☆ Tencent to seek domestic AI training chip supplies after latest US curbs
▼ + stars: | 2023-11-15 | by ( Josh Ye | ) www.reuters.com time to read: +3 min

"We will have to figure out ways to make the usage of our AI chips more efficient," he said, "And we will also try to look for domestic source for these training chips." Lau's comments come as Chinese companies with AI ambitions are scrambling to cope with the United States' ever-expanding AI chip export restrictions to China. But now a growing number of Chinese tech firms are turning to homegrown chipmakers like Huawei Technologies [RIC:RIC:HWT.UL] for AI chip supply. As such, the new chip curbs will not affect the development of Tencent's AI capability in the near term. The Nvidia H800 chips were AI chips Nvidia developed specifically for China late last year in response to an earlier US curb on AI chips to China.

Persons: Aly, Martin Lau, Baidu, Lau, Tencent, We'll, Josh Ye, Toby Chopra, Jane Merriman Organizations: Artificial Intelligence, REUTERS, Tencent Holdings, HK, Nvidia, Huawei Technologies, Reuters, Thomson Locations: Shanghai, China, HONG KONG, United States

☆ Alibaba upgrades AI model Tongyi Qianwen, releases industry-specific models
▼ + stars: | 2023-10-31 | by ( Josh Ye | ) www.reuters.com time to read: +2 min

The Alibaba Cloud logo is displayed near a screen showing the website of its Tongyi Qianwen AI chatbot, in this illustration picture taken June 28, 2023. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsHONG KONG, Oct 31 (Reuters) - Chinese technology giant Alibaba (9988.HK) said on Tuesday it has updated its artificial intelligence (AI) model Tongyi Qianwen and released a suite of industry-specific AI models amid an intensifying AI race among tech companies. It also said it has launched eight AI models for the entertainment, finance, healthcare and legal industries. The GPT-3 AI model from Microsoft-backed (MSFT.O) OpenAI contained 175 billion parameters in 2020 and Meta Platform's (META.O) Llama 2 model had 70 billion parameters in 2023. At the conference, Chairman Joe Tsai also said about half of large-language AI models in the China now run on Alibaba Cloud.

Persons: Florence Lo, Tencent, OpenAI, Joe Tsai, Josh Ye, Brenda Goh, Jacqueline Wong, Christopher Cushing Organizations: REUTERS, HK, Microsoft, Meta, Thomson Locations: HONG KONG, Hangzhou, China

☆ China's Tencent announces AI model Hunyuan for businesses
▼ + stars: | 2023-09-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's Tencent announces AI model Hunyuan for businessesDowson Tong, CEO of the cloud and smart industries group at Tencent, says Hunyuan's capabilities with be integrated with existing products for video conferencing and social media. On regulating AI, he said it's prudent to have guardrails in place to ensure that services offered are of quality.

Persons: China's Tencent, Dowson Tong Locations: Dowson

☆ China's Tencent says large language AI model 'Hunyuan' available for enterprise use
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: 1 min

A man rides an electric bike past the Tencent headquarters in Nanshan district of Shenzhen, Guangdong province, China September 2, 2022. REUTERS/David Kirton/File Photo Acquire Licensing RightsBEIJING, Sept 7 (Reuters) - China's Tencent Holdings (0700.HK) said its large language artificial intelligence (AI) model "Hunyuan" will be available for enterprise use from Thursday. The AI model has more than 100 billion parameters, the technology major said. Reporting by Beijing Newsroom; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

Persons: David Kirton, Christopher Cushing Organizations: REUTERS, Rights, Tencent Holdings, HK, Beijing, Thomson Locations: Nanshan district, Shenzhen, Guangdong province, China, Rights BEIJING

☆ China's Tencent debuts large language AI model, says open for enterprise use
▼ + stars: | 2023-09-07 | by ( Josh Ye | ) www.reuters.com time to read: +2 min

REUTERS/David Kirton/File Photo Acquire Licensing RightsBEIJING, Sept 7 (Reuters) - Tencent Holdings (0700.HK) said on Thursday companies could now use its large language artificial intelligence (AI) model "Hunyuan" as it premiered the much-awaited product amid a race by tech firms race to become China's AI champion. Hunyuan's debut comes after several Chinese tech firms including Baidu Inc (9888.HK) and SenseTime Group (0200.HK) recently unveiled their own AI models. Tencent, China's most valuable internet company, said Hunyuan had more than 100 billion parameters and was trained with more than 2 trillion tokens, two metrics often used to measure AI models' power. OpenAI's GPT-3 AI model contained 175 billion parameters in 2020 and Meta Platform Inc (META.O)'s Llama 2 model had 70 billion parameters in 2023. AI experts often describe moments where AI models generate incorrect information but present it as if it was a fact as "hallucination".

Persons: David Kirton, Hunyuan, Jiang Jie, OpenAI's, Tencent, ChatGPT, Josh Ye, Christopher Cushing, Miral Organizations: REUTERS, Rights, Tencent Holdings, HK, Baidu Inc, SenseTime, Meta, Beijing, Thomson Locations: Nanshan district, Shenzhen, Guangdong province, China, Rights BEIJING, Hong Kong

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

☆ China's Tencent to unveil AI chatbot after Beijing clears hurdles
▼ + stars: | 2023-09-06 | by ( Josh Ye | ) www.reuters.com time to read: +1 min

A man walks outside the Tencent headquarters in Nanshan district of Shenzhen, Guangdong province, China September 2, 2022. REUTERS/David Kirton/File Photo Acquire Licensing RightsHONG KONG, Sept 6 (Reuters) - China's internet giant Tencent Holdings (0700.HK) said that it will unveil an artificial intelligence (AI) chatbot on Thursday, according to a social media post it published on Wednesday. The post featured a demo conversation a user had with the AI chatbot, which helped the user write promotional materials. Tencent has been developing its own AI model named "Hunyuan" for months and the company said last month that it was expanding the test of the model internally. Reuters reported in February that the company formed a team to develop a ChatGPT-like chatbot named "HunyuanAide" at the time.

Persons: David Kirton, chatbot, Tencent, Josh Ye, Jacqueline Wong Organizations: REUTERS, Tencent Holdings, HK, Baidu Inc, SenseTime, Reuters, Thomson Locations: Nanshan district, Shenzhen, Guangdong province, China, HONG KONG

☆ China's Tencent says it is expanding testing of 'Hunyuan' AI model
▼ + stars: | 2023-08-03 | by ( Josh Ye | ) www.reuters.com time to read: +1 min

REUTERS/Aly SongHONG KONG, Aug 3 (Reuters) - China's Tencent Holdings (0700.HK) said on Thursday that it has started internal testing of its self-developed artificial intelligence (AI) model, which is now being integrated with a number of internal services and products. In a statement sent to Reuters on Thursday, Tencent said its foundation AI model named "Hunyuan" has been integrated with a range of products such as Tencent Cloud, Tencent Meeting and Tencent Docs. "The Tencent Hunyuan large model, completely developed by ourselves from scratch, has now entered the application testing phase within the company," the company said. Reuters first reported the company's effort to develop the Hunyuan model in February. On Thursday, Tencent also listed Tencent Games, Tencent Advertising, QQ Browser, WeChat Search and Tencent Fintech as lines of business that have been testing the Hunyuan model recently.

Persons: Aly, HONG KONG, Tencent, Josh Ye, Jason Neely, Kim Coghill Organizations: Artificial Intelligence, REUTERS, Tencent Holdings, HK, Reuters, Thomson Locations: Shanghai, China, Shenzhen

☆ Tencent says it will keep cutting costs as annual revenue drops
▼ + stars: | 2023-03-22 | by ( Josh Ye | ) www.reuters.com time to read: +3 min

HONG KONG, March 22 (Reuters) - Tencent Holdings (0700.HK) on Thursday vowed to keep cutting costs and work on increasing efficiencies as it reported a drop in annual revenue for the first time ever, with its founder saying the company would stay focused on its core business. Tencent posted revenue of 554.55 billion yuan ($81 billion) for 2022, down 1% from a year earlier. Analysts on average had expected 555.15 billion yuan, according to Refinitiv. Profit attributable to equity holders fell 16% to 188.24 billion yuan for the year versus a consensus estimate of 114.19 billion yuan. Reuters reported last month that Tencent was working on a ChatGPT-like chatbot named the "HunyuanAide" which will incorporate Tencent's Hunyuan AI model.

☆ China's Tencent establishes team to develop ChatGPT-like product -sources
▼ + stars: | 2023-02-27 | by ( Josh Ye | ) www.reuters.com time to read: +2 min

HONG KONG, Feb 27 (Reuters) - Chinese internet giant Tencent Holdings (0700.HK) has set up a development team to work on a ChatGPT-like chatbot, two people familiar with the matter told Reuters. ChatGPT's uncanny ability to create cogent blocks of text instantly has sparked worldwide frenzied interest in the technology behind it called generative AI. A number of Tencent rivals including Alibaba Group (9988.HK) and Baidu Inc (9888.HK) have also announced they are working on their own offerings. Asked for comment, Tencent reiterated a Feb.9 statement that it is conducting research on ChatGPT-tool technology. That also marked the first time an AI model has scored better than humans on CLUE since the test was established three years ago.

☆ China's Tencent sets up team to develop ChatGPT-like product -sources
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: 1 min

BEIJING, Feb 27 (Reuters) - Chinese internet giant Tencent Holdings (0700.HK) has set up a development team to work on a ChatGPT-like chatbot, two people familiar with the matter told Reuters. The product, to be called "HunyuanAide", will incorporate Tencent's AI training model named "Hunyuan", said the people who were not authorised to speak to media and declined to be identified. Asked for comment, Tencent reiterated a Feb.9 statement that it is conducting research on ChatGPT-tool technology. Rivals Alibaba Group (9988.HK) and Baidu Inc (9888.HK) are also working on ChatGPT-like products. Reporting by Josh Ye; Editing by Edwina GibbsOur Standards: The Thomson Reuters Trust Principles.

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