Tencent
Hy4
— ★ · 0 ratings
770B Hunyuan mixture-of-experts model (49B active), open-sourced in August 2026, with a context window over a million tokens.
- Owner
- Ma Huateng (Pony Ma)
- Location
- Shenzhen, China
- Started
- 1998
- Value
- About $530B on the Hong Kong exchange
Tencent grew from QQ and WeChat into China’s most valuable internet company and the world’s largest video-game investor. Hy4 and Hy3 come from its Hunyuan lab, which open-sources big mixture-of-experts models and also runs them inside Yuanbao, WeChat, and Tencent Cloud.
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