Tencent

Startups 2 min read

Tencent Targets Majority Stake in AI Startup Manus Amid Meta Deal Fallout

Tencent is pursuing a majority stake in Manus, an AI agent startup, following Beijing's intervention in Meta's $2 billion acquisition attempt. This strategic move aligns with Tencent's ambitions in AI and messaging platforms.

The Decoder

30 Jul 2026, 09:46 GST

AI 2 min read

Tencent's Hy3 Model Promises High Performance with Fewer Resources

Tencent's new open-source language model, Hy3, boasts 295 billion parameters but activates only 21 billion at a time, claiming performance on par with much larger models.

The Decoder · 30 Jul 2026 2 min read

Startups 2 min read

Even Realities Secures $150M Funding, Achieves $1B Valuation in Smart Glasses Market

Even Realities, a startup founded by former Apple engineers, has raised $150 million from Meituan and Tencent, reaching a valuation of $1 billion. This funding round underscores th...

TechCrunch · 30 Jul 2026 2 min read