Express News | All Tencent Buddy products now support Kimi K3 in their built-in models.
Goldman Sachs Comments on Kimi K3: Chinese Open-Source Models Reach a Critical Inflection Point in Global Adoption, with Intense Competition in High-End Models
Goldman Sachs stated that Kimi K3 has emerged with 2.8 trillion parameters, raising its API pricing to $2.30 per million tokens—the highest price yet for a Chinese AI model—marking a shift among domestic AI firms from a 'price war' to a battle for 'pricing power.' However, on the flip side, Zhipu’s stock plunged 28% in a single day and MiniMax dropped 16%, revealing deep market concerns about the sustainability of competitive moats among AI model companies amid intensifying competition in the high-end programming segment.
Express News | Tencent Upgrades and Launches "Embodied Intelligence Full-Stack Solution"
Live from WAIC | Tencent Vice President Lin Songtao: The gap in models is narrowing, but the gap in engineering is widening.
Sina Tech News, July 18 (morning): The 2026 World Artificial Intelligence Conference and the High-Level Meeting on Global Governance of Artificial Intelligence is being held in Shanghai from July 17 to 20. Today, Tencent hosted its AI Application Innovation Forum. Lin Songtao, Vice President of Tencent, stated at the event: "The gap between models is narrowing, but the engineering gap is widening. The performance differences among mainstream models in inference are actually growing wider, yet whether this can be transformed into enterprise productivity or enhanced efficiency for individuals and organizations remains a widely discussed issue." He added: "Models largely determine the upper bound of AI, while engineering determines the lower bound. Users will stay because of a good"
Live from WAIC | Tencent Vice President Lin Songtao: End-user devices will be the final mile for AI adoption
Sina Technology News, July 18 (morning): The 2026 World Artificial Intelligence Conference and High-Level Meeting on Global AI Governance is being held in Shanghai from July 17 to 20. Today, Tencent hosted its AI Application Innovation Forum. Lin Songtao, Vice President of Tencent, stated on-site: "We believe that end-user devices will be the last mile for AI adoption. This year, we’ve seen a flourishing of AI applications worldwide, with users moving beyond chat assistants that simply answer questions toward solutions that reliably accomplish specific missions." Lin added, "With Agent-based products, the bottleneck in efficiency is shifting from information retrieval to task execution and actual delivery of results."
Exclusive Coverage from WAIC | Lin Songtao, Vice President of Tencent: Real-world scenarios are always the frontline for AI value—empowering business-savvy professionals with AI can generate greater value.
Sina Tech News, July 18 (morning): From July 17 to 20, the 2026 World Artificial Intelligence Conference and High-Level Meeting on Global AI Governance is being held in Shanghai. Today, Tencent hosted its AI Application Innovation Forum. Lin Songtao, Vice President of Tencent, stated at the event: "Real-world scenarios are always the primary arena where AI delivers value. At this stage of AI development, diverse sectors, enterprises, and individuals encounter numerous challenges every day—challenges that cannot be fully resolved merely through further upgrades and iterations of large models." Lin added, "For AI to truly create value, it must first understand the specific, vertical-domain needs faced by businesses and individuals. We