Tencent launches artificial intelligence model for businesses

Tencent will launch an artificial intelligence model called Hunyuan for businesses at its annual conference on September 7. In addition, the company will also introduce an AI chatbot at the event.

Tencent will initially test its Hunyuan AI model for advertising and fintech, and the company will also introduce an AI chatbot at the event.

Tencent là một trong số những doanh nghiệp Trung Quốc ra mắt mô hình AI năm nay.

Tencent is among the Chinese companies launching AI models this year.

According to Dowson Tong, CEO of Tencent's cloud and smart industry division, the company will integrate Hunyuan's capabilities with its existing video conferencing and social networking products.

Baidu and several other Chinese companies have previously been given the green light to make AI chatbots available to the public. Similar to ChatGPT, chatbots can answer questions like humans, but mostly in Chinese. Some chatbots, like Baidu’s Ernie, can also convert text into images and videos with the help of plugins.

OpenAI’s ChatGPT is not yet officially available in China. The chatbot must comply with the country’s new rules on generative AI, which came into effect on August 15. When asked about the rules, Tong, CEO of Tencent’s cloud and smart industry division, pointed out that AI is so new that no one knows yet what impact it will have on society.

The interim rule does not apply to companies developing AI that have not yet been released, according to the regulator. It is more flexible than the April 2023 draft, which required all parties to comply at any stage.

Despite Beijing’s support for generative AI, domestic companies face a ban on buying high-end U.S. semiconductors. Current versions of the most advanced GPUs help companies train AI models, which will hinder their progress and growth, Tong said.

Dowson Tong, CEO of Tencent's cloud and smart industry division, noted that demand for cloud computing far exceeds supply in China. To mitigate the shortage, companies are focusing on specific use cases and building appropriate models. He also expects GPU computing supply to increase in the coming months, which will accelerate development.

Tencent is just one of many tech companies in China racing to introduce AI products this year. Alibaba also announced in August 2023 that it would open its own AI model to third-party developers. AI requires industry-specific training to create value, such as tourism, public services, finance, and customer service.

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