Tencent co-invests with a step-up of 2.5 billion USD in funding, and both parties have reached a strategic partnership

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Mars Finance information May 11 news, it is reported that the old shareholder Tencent has participated in the latest round of funding for Jump Star. Last week, sources said that Jump is about to complete a $2.5 billion financing, has dismantled the red-chip structure, and is accelerating preparations for an IPO in Hong Kong. It is understood that as early as the Series B financing of Jump, Tencent had already entered its shareholder list and continued to follow the investment. Not long ago, the cooperation between the two sides was further deepened. Tencent Cloud and Jump signed a strategic cooperation agreement, and both parties will integrate Jump’s foundational large model and Tencent’s content and application ecosystem to jointly develop AI cockpit Agent, connecting Tencent’s music, video, maps, payments, travel services and other sectors, to realize a closed-loop in-car service. (Science and Technology Innovation Board Daily)

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