• 1
  • Comment
  • Favorite

HK Movers | Tencent Stock Jumps over 3% as It Trials AI Assistant on WeChat Enterprise Platform, Fueling Tech Rivalry

Tiger Newspress06-24

Tencent Holdings Ltd. is gearing up to introduce an artificial intelligence assistant for its business-focused communication application, escalating the fierce competition among China's leading technology firms to secure user loyalty within their digital environments in the current AI landscape.

Shares of Tencent jumped 3.28% in Hong Kong market.

The assistant, known as Dayuan, has started a limited release to certain users on WeCom, the corporate iteration of the WeChat super app. This information was shared in an online announcement. Dayuan is powered by the most recent V4 model from DeepSeek and is designed to understand and respond to user queries in conversational language.

Tencent aims to set Dayuan apart from other AI productivity tools by utilizing the extensive data repository already present within WeCom. The agent can examine a company's internal chat histories, emails, and schedule information to aid in evaluating customer responses and managing client interactions. It is also capable of handling routine duties, such as creating daily market summaries or preparing weekly reports, as illustrated in a shared image.

WeChat, a central component of Tencent's digital empire, is moving towards incorporating AI-driven agents into its services. This initiative is part of Tencent's broader effort to keep pace with competitors like Alibaba Group Holding Ltd and ByteDance Ltd in terms of AI adoption and advanced language model technology. The main WeChat app for consumers is also evaluating a similar assistant to help users automate everyday activities, reflecting functionalities already offered by rivals.

In China's competitive workplace software sector, WeCom faces off against applications such as Alibaba's DingTalk and ByteDance's Lark. These platforms also act as gateways for their associated cloud computing services, which are seeing increased usage due to AI-related demand from businesses and developers. WeCom's key strategic advantage is its seamless connection to WeChat's massive consumer network, a benefit that Tencent holds over its main competitors.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24