Tencent, Bosch deepen partnership for smarter EV tech

Tencent Holdings has renewed its partnership with Bosch, a German automotive supplier.

The focus is on enhancing cloud computing and smart driving technologies.

The Shenzhen-based tech firm aims to expand its AI services in the electric vehicle sector through this collaboration.

The agreement involves new memorandums of understanding to explore opportunities in cloud computing and autonomous driving systems.

It also includes integrating large language models into vehicle smart cockpits.

Recent Tencent developments

Timeline
30-Oct-2024 💰 Tencent-backed Airwallex targets $6b valuation Airwallex seeks $200M funding from investors Targets $6B valuation by year’s end
16-Oct-2024 💰 Tencent invests $30m in HK early cancer detection firm Tencent invests $30M in cancer detection firm Insighta Insighta’s valuation rises to $200M with new funding
27-Sep-2024 💼 Tencent sells stake in Indian app due to investment rules Tencent sells Dream11 stake for $150M. Move complies with India’s investment regulations.
17-Sep-2024 💰 Tencent’s Pony Ma now China’s richest Pony Ma regains status as China’s richest person Wealth driven by Tencent game titles, still down 40%
03-Jun-2024 🎶 Tencent orchestrates $70m deal for 10% share in Thailand’s GMM Music

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