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It is reported that Tencent (00700.HK) has again poached talent from OpenAI for its large language model department.

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《The Paper》 reports that former OpenAI researcher Tian Yonglong has recently joined Tencent (00700.HK) +16.400 (+3.556%) in short selling of $1.998 billion; the ratio is 14.319%. He will join the Large Language Model Department to participate in related R&D for VLM (vision language model). This is another time Tencent has poached talent from OpenAI. Previously, Tencent announced an upgrade to its large-model research and development framework, appointing former OpenAI senior researcher Yao Shunyu as the Chief AI Scientist in the “CEO/President’s Office,” while also concurrently serving as head of the AI Infra Department and the Large Language Model Department. Related content 《The Big Bank》 CICC International: Accelerated iteration of domestically developed models helps restore valuations for Hong Kong listed tech stocks. Preferred picks: Alibaba (09988.HK), Tencent (00700.HK), and others. The report says Tian Yonglong and Yao Shunyu previously worked together at OpenAI. (mn/u) (Hong Kong stock quotes are delayed by at least 15 minutes. Short selling data as of 2026-07-08 12:25.)
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