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

Open-sourced HY-World 2.0, a 3D world model that generates navigable environments in a single forward pass.

Launched the Tencent Advertising Algorithm Challenge 2025 and released the TencentGR-1M and TencentGR-10M datasets.

Launched Penguin-VL vision-language model with LLM-initialized vision encoder

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

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