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Tencent unveils world’s largest text-to-video AI tool

Tencent Holdings has introduced HunyuanVideo, a text-to-video generation tool which uses its Hunyuan AI model.

According to Tencent, HunyuanVideo is the world’s largest open-source video generation model, with over 13 billion parameters.

It aims to produce high-quality videos with features like dynamic camera angles and realistic reflections.

Recent Tencent developments

Timeline
16-Nov-2024 🌐 Tencent, ZainTech partner to introduce its tech in MENA
  • ZainTech partners with Tencent Cloud
  • Introducing Digital Twin tech in MENA
15-Nov-2024 📈 Tencent rebounds with 3,000 new hires in Q3
  • Tencent hired 3,000 employees in Q3
  • Workforce rises to 108,823, following cutbacks
13-Nov-2024 📈 Tencent’s profit jumps 47% in Q3
  • Tencent’s profit rose 47% to 53.23 billion yuan
  • Gaming revenue increased 14%, fueling growth
13-Nov-2024 🎶 Tencent Music’s revenue misses expectations despite gains
  • Tencent Music’s revenue rises 6.8% to 7.02B yuan
  • Growth driven by 15.5% increase in paying users
07-Nov-2024 🖐️ Tencent, Visa launch palm recognition for e-payments in SG
  • Tencent and Visa launch palm payment pilot
  • Available for DBS, OCBC, UOB users in Singapore
05-Nov-2024 🚗 Tencent, Bosch deepen partnership for smarter EV tech

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