Tencent negotiating majority stake in Manus at $2B valuation

Launched Hunyuan Hy3, a 295B MoE model with 21B active parameters, claiming 90% agent task resolution

Open-sourced TencentDB Agent Memory, a long-term memory system for AI agents

Launched preview of flagship AI model HY3 with 295B parameters.

Open-sourced MegaStyle, a 1.4M AI-generated image dataset for style transfer

Open-sourced HY-World 2.0, a multimodal 3D world model for generation, reconstruction, and simulation

Filed for an initial public offering on the Hong Kong Stock Exchange

Secured Series F+ funding rounds with backing from Tencent and Boyu Capital