Tencents shares surge, Baidu slides after DeepSeek’s WeChat debut

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Tencent Holdings Ltd’s shares rose to their highest since 2021 after DeepSeek, the AI service that’s shaken up the industry since its emergence this year, debuted on the big tech company’s WeChat social media platform.

Company Value Change %Change

Shenzhen-based Tencent is now integrating DeepSeek’s artificial intelligence model into WeChat search, the company said in a statement. The internet and games giant joins a wave of government bodies and service providers embracing DeepSeek’s software across China. The move helped lift confidence for…



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Tencents shares surge, Baidu slides after DeepSeek’s WeChat debut


Tencent Holdings Ltd’s shares rose to their highest since 2021 after DeepSeek, the AI service that’s shaken up the industry since its emergence this year, debuted on the big tech company’s WeChat social media platform.

Company Value Change %Change

Shenzhen-based Tencent is now integrating DeepSeek’s artificial intelligence model into WeChat search, the company said in a statement. The internet and games giant joins a wave of government bodies and service providers embracing DeepSeek’s software across China. The move helped lift confidence for…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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