Tencent’s app integrates its in-house Hunyuan artificial intelligence tech alongside DeepSeek’s R1 reasoning model and has taken over at a time of acute interest and competition around AI in the country. — Bloomberg
Tencent Holdings Ltd’s Yuanbao AI chatbot passed DeepSeek to become the most downloaded iPhone app in China this week, highlighting the intensifying domestic competition.
Tencent’s app integrates its in-house Hunyuan artificial intelligence tech alongside DeepSeek’s R1 reasoning model and has taken over at a time of acute interest and competition around AI in the country. Three of the top five most downloaded free apps are AI bots, with ByteDance Ltd's Doubao joining Tencent and DeepSeek.
