Tencent's AI Evolution: A Leap into the Future with Yuanbao and Robotics

March 28, 2025, 4:21 am
South China Morning Post SCMP
South China Morning Post SCMP
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Location: China, Hong Kong, Hong Kong Island
Employees: 1001-5000
Founded date: 1903
In the bustling world of technology, Tencent is making waves. The Chinese tech giant has recently upgraded its AI chatbot, Yuanbao, with two new models: Hunyuan T1 and DeepSeek V3-0324. This move is not just a step forward; it’s a leap into the future of artificial intelligence. The Hunyuan T1 model boasts a score of 87.2 on the Massive Multitask Language Understanding (MMLU) benchmark. It outshines its predecessor, DeepSeek-R1, which scored 84. However, it still trails behind OpenAI’s Qwen-1, which scored 89.3.

What does this mean for users? Enhanced performance. Yuanbao now excels in code generation, mathematical reasoning, and long-text processing. It’s like upgrading from a bicycle to a high-speed train. The price is competitive too. Tencent has set the cost at RMB 1 ($0.14) per million input tokens and RMB 4 ($0.55) per million output tokens. This pricing strategy aligns with DeepSeek-R1, making it an attractive option for developers and businesses alike.

But Tencent isn’t stopping at chatbots. The company is also investing heavily in robotics. In a recent funding round, Tencent led a Series B investment for Agibot, a Shanghai-based robotics startup. Agibot is not just another player in the robotics field; it’s a pioneer. Founded in February 2023, the company is developing embodied intelligence systems. Their product lineup includes a bipedal humanoid robot for commercial use and a dual-armed wheeled robot. This isn’t just about building robots; it’s about creating a new ecosystem of intelligent machines.

Agibot has ambitious plans. They aim to produce between 3,000 to 5,000 robots this year, supported by a new manufacturing plant in Shanghai. The company is currently valued at around RMB 10 billion (USD 1.4 billion) and is targeting a valuation of RMB 15 billion (USD 2.1 billion) for its next funding round. This growth trajectory positions Agibot as a key player in the robotics industry, particularly in China, where demand for automation is skyrocketing.

The synergy between Tencent’s AI advancements and its investments in robotics paints a picture of a future where machines and humans collaborate seamlessly. Imagine a world where AI chatbots assist in daily tasks while humanoid robots handle physical labor. This is not science fiction; it’s on the horizon.

Moreover, Tencent’s investments extend beyond its own projects. The company is actively participating in various funding rounds across the tech landscape. For instance, Volve Creative, a Tokyo-based startup, recently secured pre-seed funding to develop a platform for virtual music artists. This venture aims to merge virtual characters with original music, creating new forms of performance and storytelling. The funds will be used to refine AI and computer graphics technology, paving the way for international expansion.

In Singapore, RockFlow raised USD 10 million to enhance its AI agent, Bobby. This agent is designed to support young retail investors, analyzing market movements and suggesting personalized trading strategies. It’s like having a financial advisor in your pocket, guiding you through the complexities of the market.

The venture capital scene is buzzing with activity. Kaya Founders, a Philippine-based firm, has broadened its portfolio with investments in fintech, insurtech, and edtech startups. These investments reflect a growing trend in Southeast Asia, where technology is reshaping traditional industries.

Catcha Digital is also making headlines. The firm is acquiring a 92.5% stake in Theta Service Partner, a company specializing in loan origination platforms. This acquisition will allow Catcha to expand into fintech infrastructure, complementing its broader digital strategy.

The healthcare sector is not left behind. CBC Group has raised over RMB 7 billion for China’s largest RMB healthcare buyout fund. This fund aims to invest in biotech, medtech, and healthcare services, signaling a robust interest in health technology amidst a global pandemic.

The tech landscape is evolving rapidly. Companies like Huiyi Technology and BlueLink SatCom are securing funding to develop innovative solutions in virtual space design and satellite technology, respectively. These startups are pushing the boundaries of what’s possible, exploring new frontiers in their respective fields.

As Tencent continues to innovate, the implications for the tech industry are profound. The integration of AI and robotics could redefine how we interact with technology. The potential for collaboration between humans and machines is vast.

In conclusion, Tencent’s recent upgrades to Yuanbao and its investments in robotics signify a pivotal moment in the tech industry. The company is not just keeping pace; it’s setting the pace. With a focus on AI and robotics, Tencent is poised to lead the charge into a future where technology enhances our lives in ways we can only begin to imagine. The road ahead is filled with possibilities, and Tencent is at the forefront, steering us into uncharted territory. The future is bright, and it’s powered by innovation.