News with the tag "tencent"

Wintermute, a virtual asset market maker, announced it was attempting to expand its operations in the United States. Wintermute reportedly secured funding from Chinese tech giant Tencent Holdings. Wintermute’s CEO revealed in a Bloomberg interview that the company eyed the United States in its plans...

Tencent has started testing the integration of DeepSeek AI into Weixin, China’s most popular super app. Weixin users can currently try DeepSeek’s AI-powered search by choosing the “AI Search” option from the app’s search bar. The feature does not exist on WeChat, which is an international variation ...

WeBank shared its plans to tap into the expanding Web3 market in Hong Kong. According to reports, the Tencent-backed lender wants to use its subsidiary to leverage the growing market in the city. The move was confirmed by an executive of the firm as it looks to establish itself in Hong Kong, a regio...

Washington has placed Tencent Holdings Ltd. backed startup Zhipu on a trade restrictions blacklist, targeting one of the few emerging firms seen as leading contenders in the race to create a competitor to OpenAI’s ChatGPT. Just days before his departure, President Joe Biden’s administration announce...

Ubisoft, a French video game maker, revealed that it had appointed advisors to pursue transformational capitalistic and strategic options. The company had previously revealed that its founding family was considering a potential buyout. Ubisoft revealed on January 9 that it had onboarded “leading adv...

While China-based AI models are gaining attention for their cutting-edge capabilities, reports reveal that government-imposed restrictions may heavily influence these models. Many new generative AI launches by Chinese companies are censoring sensitive or controversial topics. Analysts now see the pr...

Square Enix and Tencent's Lightspeed Studio revealed that Final Fantasy 14 will soon arrive on mobile. The MMORPG game is set to launch with nine playable job classes when launched and will also receive a global release once it completes play tests in China.

Tencent Holdings, the Chinese gaming and social media giant, reported an 8% year-on-year revenue gain to $23.2 billion during its Q3 period as it extended its gaming growth momentum. The company in a statement said it delivered robust revenue growth in its gaming business due to new games contributi...

The Ubisoft and Tencent team could create a powerful international coalition focused on blockchain-friendly, AAA games. The post Tencent and Guillemot Family Eyeing Buyout of Ubisoft: Report appeared first on TheCoinrise.com .

The Guillemot family and Tencent would likely take the company private if the deal happens.