Tencent unveils major AI model update under new leadership
Tencent Holdings Ltd. on Thursday launched a new open-source artificial intelligence model, marking its first major technological update since overhauling its AI leadership. The model, dubbed Hy3 Preview, is a mixture-of-experts system with 295 billion parameters, of which 21 billion are activated, and it can process up to 256,000 tokens of context. It has already been deployed across Tencent’s ecosystem, including its flagship AI chatbot Yuanbao, which will switch its primary underlying model from DeepSeek to the new in-house technology. The release underscores Tencent’s strategic pivot under its new AI chief toward practical product integration rather than benchmark scores, as the tech giant seeks to narrow a widening user gap with domestic market leaders in the highly competitive AI sector.
