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Tencent Redeploys Developers, Delays Release of Assassin’s Creed Jade to 2025

Tencent

Amidst strategic shifts in focus, Tencent, the Chinese tech giant, has reportedly redeployed hundreds of developers from its Level Infinite division, delaying the release of the highly anticipated open-world action-adventure game Assassin’s Creed Jade. Originally slated for a 2024 launch, the game’s release is now expected in 2025, according to sources close to Reuters. Shift […]

Tencent Bets on Chinese Suppliers to Fill GPU Gap Amid US Sanctions

GPU Gap

In a bold move that underscores China’s determination to navigate the complex landscape of global technology sanctions, Tencent, one of the nation’s tech behemoths, announces its strategic approach to addressing the GPU gap caused by US restrictions on Nvidia chips.  President Martin Lau reassures investors of Tencent’s foresight in procuring Nvidia hardware, establishing the foundation […]

Tencent Unveils Hunyuan, a 100 Billion Parameter LLM, Elevating AI Competition

AI Competition

The Chinese conglomerate specializing in social media and the ever-expansive realm of video gaming, Tencent Holdings, celebrated the grand revelation of its long-awaited universal large language model (LLM), christened none other than Hunyuan, this past Thursday. Exceeding the colossal threshold of a staggering 100 billion parameters, Hunyuan stands as an exemplar of extraordinary Mandarin comprehension […]

Blockchain startup Everledger collapses despite Tencent backing

Everledger collapses amid lack of funding

Blockchain startup Everledger has been placed into voluntary administration after a second tranche of expected funding failed to materialize. The collapse of the Brisbane-based company, which specialized in tracking the provenance of diamonds and other precious goods using blockchain technology, comes as a surprise given the support it received from the Australian federal government and […]

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