TencentTencent Holdings released Hy4 preview weights, highlighting a 770 billion-parameter AI model with an efficiency twist. In internal tests covering 163 employees and 203 engineering tasks, Hy4 scored 2.99/4, slightly ahead of GLM 5.3 (2.92) and Kimi K3 (2.94). The $58.01 share price implies investors still discount Tencent’s AI ambitions.
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