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Caixin Global
Caixin Global
Business
Guan Cong and Han Wei

Tencent Joins the Chatbot Race with Launch of ‘Yuanbao’

What’s new: China’s social media and online gaming giant Tencent Holdings Ltd. launched an artificial intelligence (AI) chatbot app Yuanbao, joining a crowded race to develop applications to challenge OpenAI’s ChatGPT.

Yuanbao is built on Tencent’s own large language model (LLM) known as Hunyuan. An LLM is a deep-learning algorithm that lies behind ChatGPT and other generative AI services.

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