TENCENT(HK:00700) Sou Hu Cai Jing·2025-12-15 12:37Group 1 - Tencent has established partnerships with over 40 companies in the field of embodied intelligence, with more than 20 of these being based in Guangdong Province [1] - Tencent's investment in embodied intelligence dates back to 2018 with the establishment of the Robotics X Lab, focusing on core robotic technology development [3] - The company has developed various robotic prototypes, including a balance bike, a quadruped robotic dog named Max, and a prototype elder care robot called "Xiao Wu" [3] Group 2 - Tencent has launched the first modular embodied intelligence software platform in China, named Tairos, in collaboration with Futian Lab, aimed at enhancing the software capabilities for robotic applications [3] - Since 2018, Tencent's cumulative R&D investment has exceeded 400 billion yuan, with over 15,000 AI invention patents, ranking first globally [4] - Tencent's strategic capital expenditure has surpassed 100 billion yuan in the past year, focusing on large model training, computing infrastructure, and data center construction [4] Group 3 - The company's self-developed mixed Yuan model has released over 30 new models in the past year, achieving top rankings in various AI benchmarks [4] - The mixed Yuan 2.0 model, utilizing a mixture of experts (MoE) architecture, boasts industry-leading reasoning capabilities and efficiency [4] - Tencent's AI applications have been implemented across more than 30 industries, significantly enhancing core business efficiency and contributing to double-digit growth in advertising revenue for 12 consecutive quarters [4] Group 4 - The Guangdong-Hong Kong-Macao Greater Bay Area is highlighted as a fertile ground for AI technology deployment, supported by its robust manufacturing base and strong innovation capabilities [3][4] - The Greater Bay Area is home to five cities with a GDP exceeding one trillion yuan, making it one of the most dynamic economic regions in China [4]