Tencent Tests AI Assistant in WeChat to Compete in AI Market
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: CNBC
- AI Assistant Testing: Tencent is testing an AI assistant named 'Xiaowei' within WeChat on a small scale, allowing users to interact via text or voice, aiming to enhance user experience and strengthen its position in the competitive AI market.
- Large User Base: With over 1.4 billion monthly active users on WeChat and its Chinese version Weixin, Tencent aims to leverage this vast user base to attract more users to its services through the AI assistant, potentially opening new revenue streams.
- Intensified Market Competition: The AI assistant is part of Tencent's strategy to challenge rivals like Alibaba, DeepSeek, and Zhipu, reflecting the company's commitment to the AI sector, especially after hiring an OpenAI researcher as its chief AI scientist this year.
- Integration Potential: Although Tencent has not disclosed specific capabilities or underlying models for 'Xiaowei', the initiative to integrate AI tools may drive the development of more complex digital assistants, enhancing user efficiency across multiple applications and services.
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Analyst Views on BABA
Wall Street analysts forecast BABA stock price to rise
15 Analyst Rating
15 Buy
0 Hold
0 Sell
Strong Buy
Current: 104.970
Low
180.00
Averages
203.09
High
230.00
Current: 104.970
Low
180.00
Averages
203.09
High
230.00
About BABA
Alibaba Group Holding Ltd is an investment holding company mainly engaged in the provision of technology infrastructure and marketing platforms. The Company operates its business through four segments. The Alibaba China E-commerce Group segment is mainly engaged in E-commerce business, including operating Tmall Supermarket and Tmall Global, providing customer management services, product sales, as well as logistics services. It also operates quick commerce business such as Taobao Instant Commerce and Ele.me, as well as the China commerce wholesale business through 1688.com. The Alibaba International Digital Commerce Group segment is mainly engaged in international commerce retail and wholesale business, operating platforms such as AliExpress, Trendyol, Lazada and Alibaba.com. The Cloud Intelligence Group segment mainly provides public and non-public cloud services. The Other segments primarily include the operations of Freshippo, Cainiao, Alibaba Health and other business.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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