Tencent Holdings (700.HK): Weekly Report
Tencent's new game “Ace Warrior 2” announced the launch
On July 6, the new FPS title “Ace Warrior 2” from Tencent's Rubik's Cube Studio Group was suddenly announced to be launched. Unlike the previous “Official Announcement-Reservation-Trial” process, Android users can immediately go to the official website and download it immediately. The iOS version is currently not open.
“Ace Warrior 2” is a 5V5 hero shooter. Instead of high-profile pre-promotion and a long reservation cycle, this release is directly open to players for download, or because the Rubik's Cube studio group has full confidence in the game, they believe that its excellent quality can be loved by players. In addition, “Ace Warrior 2” has prepared special benefits for veteran players, returning all recharge credits for the “Ace Warrior” generation, so that veteran players can “buy” their favorite skin and appearance for zero yuan.
Tencent co-hosted the World Artificial Intelligence Conference and accelerated the implementation of the model scenario. At the World Artificial Intelligence Conference Tencent Forum held at the Shanghai World Expo Center, Tencent showcased its latest developments and application examples in the field of artificial intelligence models. The forum was hosted by Tencent East China headquarters and co-organized by Tencent YouTuLab, Tencent Cloud Intelligence, Tencent Research Institute, and Tencent News.
Through continuous iteration and upgrading over the past year, Tencent's mixed-element model uses the MoE (Mixture of Experts) architecture. The number of parameters has reached the trillion level, and the number of processed tokens has exceeded 7 percent, which is leading the domestic model. The daily call volume of this large model is extremely large. The number of tokens called in a single day has reached the 100 billion level, and the number of calls exceeds 0.3 billion. In order to meet the needs of different users, Tencent has also launched several new versions of the mixed-element large model on its cloud platform, including the lightweight mixed-light256k version, the Vision multi-modal version optimized for visual processing, and sub-models and interfaces dedicated to specific tasks such as code generation, role-playing, and functioncalls. These newly opened resources and services will further drive the innovation and application of enterprises and developers in the field of artificial intelligence.
Tencent released the “Top Ten Trends in Big Models 2024 - Entering the Era of the “External Brain” report, which emphasizes the rapid development of artificial intelligence. Among them, big model technology is increasingly becoming the core force driving the development of various industries. The big model not only plays a role in the foundation of computing power, intelligence improvement, and human-computer collaboration, but also gradually changes the social structure and acts as an “external brain” to assist human intelligence. The top ten trends mentioned in the report cover everything from basic computing power support to cutting-edge creative generation and emotional intelligence. Specifically, the increase in computing power and efficiency have provided a solid foundation for the evolution of large model technology. Combining large-scale GPU resources with advanced big models, artificial intelligence has achieved major breakthroughs in key fields such as reasoning analysis, creative output, and emotion recognition. This marks the first time that artificial intelligence has human-like interaction capabilities. AI technology in the new era is gradually evolving into an expansion of human intelligence, providing additional support for human intelligence.
Tencent repurchase situation
From July 2 to July 5, Tencent repurchased a total of 10.63 million shares, with a repurchase amount of HK$4 billion. As of July 5, 2024, the company has repurchased 0.165 billion shares this year, with a total repurchase amount of HK$56.356 billion, which is more than the whole of last year. Tencent will release the interim report on August 14. Since the month before the interim report was a quiet repurchase period, this round of repurchases will be suspended after July 12.