Tencent News

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

The crypto market maker could have a valuation of $2 billion if the talks come to fruition.

The memorandum of understanding includes the establishment of a Tencent Cloud training center for skill development and education at RAK DAO.

Tencent released its own ChatGPT competitor back in 2023. Now, China’s top firm is betting on AI in 2024.

Former OpenAI CEO Sam Altman has reportedly agreed to a position with Microsoft, while Nvidia reaps the benefits of Big Tech’s scramble to build a better chatbot.

Infura said the partnerships mark a major milestone in decentralizing and making its network more censorship-resistant.

The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems.

Despite heavy government regulations and ongoing struggles with hardware sourcing, Tencent’s large language model has been released for business use in China.

Everledger was quietly placed into insolvency after it didn’t manage to materialize its planned funding round from an undisclosed investor.

The Chinese internet giant is launching new Web 3.0 solutions including a Metaverse-in-a-Box product and blockchain API services.

Should traders expect further downside after BTC failed to hold above $25,000?

While NFTs are not banned in China like cryptocurrencies, the government has warned against fraud risks associated with the nascent sector.

NFTs are still a gray area in China where, unlike cryptocurrencies, there’s no official ban on their use but the authorities have warned investors against the risks from time to time.

WeChat removed several accounts for digital collectible platforms for violating the policy of illegal trade, while Ant Group and Tencent-owned NFT platforms updated their user agreements.

The company’s valuation grew from just $410 million in 2021, reflecting the rapid expansion of the NFT economy.