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RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

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Tencent

🌎 tencent.com

Tencent is a leading global technology company founded in 1998, focused on enriching the lives of internet users and assisting enterprises in their digital transformation. With a strong presence in online gaming, social networking, e-commerce, and various digital services, Tencent aims to connect people through innovative platforms. Tencent America serves as its U.S. branch, emphasizing video games and entertainment products.

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Tencent - Latest News and Updates

• Tencent has introduced 'Hunyuan-T1', the first ultra-large model powered by Mamba from China.
• Ubisoft's stock price fell by 11.80% after announcing a new subsidiary in partnership with Tencent, erasing previous gains.
• Tencent introduced AI tools like the chatbot Yuanbao for farming and rural development in China, collaborating with local officials and launching the 'AI Goes Rural' program.
• Tencent and Ubisoft have made a deal that could positively impact popular gaming franchises.
• Junxiang Chen, Wanyun Li, Wenbin Yao, and Yang Zhou from Tencent's WeChat team are working on enhancing video-text retrieval by addressing information mismatches.

• Tencent applied RARE to WeChat Search, Demand-Side Platform, and QQ Browser Search, observing significant benefits during a one-month A/B test with a 20% user sample.
• Tencent ranked #2 on Clarivate's Global Top 100 Innovators 2025 list for its excellence in innovation.
• Tencent Cloud supports the massive player base of Honor of Kings with TcaplusDB and EdgeOne, offering near-limitless scalability, seamless scaling, automated fault recovery, and high-performance storage.
• Tencent-backed China Ruyi Holdings plans to raise up to $500 million in convertible bonds next week.

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