TENCENT (00700.HK) -3.000 (-0.740%) Short selling $689.38M; Ratio 10.175% (TCEHY.US) 's Tencent Hunyuan Foundation Model announced its latest progress, stating that it officially launched its video generation capability, according to Chinese media. This is a new milestone for Tencent, following the release of text-to-text, text-to-image and 3D generation features. In the meantime, Tencent opened source for the video generation foundation model with 13 billion parameters, which is the largest video open source model.Related NewsCMBI: CN Internet Sector To Swim Upstream in 2025 w/ Focus on Moats of Mature Biz, Room for New Development, Valuation Enhancement, Overseas ExpansionTencent Hunyuan’s relevant person in charge revealed that users only need to enter a description to generate video. The current generation of video supports bilingual input, a variety of video sizes and a variety of video clarity. The model is now online on the Tencent Yuan Bao APP, through which users can apply for a trial in the “AI Video” section of the AI application. Corporate customers can access the service through Tencent Cloud, and the API is currently open for internal testing.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-12-17 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)