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Tencent Introduces T1 Reasoning Model, Claims Edge In AI Over DeepSeek

Tencent announced on Friday the launch of its official T1 reasoning model, promising faster response times and enhanced capabilities, according to a company statement on WeChat.

New Reasoning Model

Tencent’s new reasoning model has achieved industry-leading results in public benchmark tests across Chinese and English knowledge, competition-level mathematics, and logical reasoning. The company emphasized that T1 maintains clear content logic, with neatly structured text and an exceptionally low hallucination rate.

The T1 model is based on Tencent’s Turbo S language model, offering instant responses, fast wording, and the ability to process long texts effectively. Tencent also noted that the official version of T1 demonstrates improved reasoning capabilities compared to its preview version. The company claimed that T1 outperforms DeepSeek’s R1 model in certain knowledge and reasoning benchmarks.

AI Investments

Tencent’s AI ambitions have been supported by a significant increase in capital expenditure. The company announced plans to ramp up investments in AI development and infrastructure in 2025. Its capital expenditures for 2024 amounted to $10.7 billion, a significant rise from $3.4 billion in 2023, representing 12% of total revenue. In Q4 of 2024 alone, Tencent invested $5.4 billion in AI initiatives, reinforcing its strategy of AI-driven growth.

Tencent’s earnings statement highlighted its recent efforts to reorganize AI teams to sharpen focus on fast product innovation and deep model research. The company has also increased its R&D and marketing investments for AI-native products.

AI Competition

Tencent’s increased focus on AI comes amid rising competition in China’s AI landscape. DeepSeek’s introduction of its R1 model has drawn significant attention, positioning it as a rival to OpenAI’s reasoning model. This competition triggered a sell-off in global equities, with Western tech giants seeing the most significant losses.

In addition to Tencent, other major Chinese players are also making significant investments in AI. Last month, DeepSeek unveiled its R1 model, which competes directly with OpenAI’s models. Furthermore, Alibaba announced plans to invest at least $52.6 billion in cloud computing and AI infrastructure over the next three years. TikTok’s parent company, ByteDance, is investing over $20.7 billion in AI development and computing power for 2025.

Net Worth

As of March 23, 2025, Ma Huateng, the chairman and CEO of Tencent, holds a real-time net worth of $54.1 billion. 

With these strategic moves, Tencent aims to further solidify its position as a leader in the AI race, challenging both domestic and international competitors.

CNBC And Statista Spotlight The World’s Top Fintech Companies

Expanding The Fintech Horizon

CNBC, in strategic partnership with market research powerhouse Statista, has opened applications for the fourth edition of its renowned World’s Top Fintech Companies list. Now in its mature phase, this annual compendium identifies leading global fintech entities, spanning startups and established corporations alike, across sectors that include payments, wealth technology, insurance, and the newly introduced regulation tech segment.

Charting A Transformative Era

Fintech has moved from a fast-growing niche into a core part of the global financial system. Digital adoption accelerated during the Covid-19 period, while advances in artificial intelligence continue to reshape financial services. According to KPMG, global fintech investment reached approximately $44.7 billion across more than 2,200 deals in the first half of 2025, reflecting sustained investor interest despite a more selective funding environment.

Building On A Legacy Of Excellence

Last year’s ranking included global players such as Mastercard, Stripe, and Visa, alongside fast-growing companies including Bilt, TerraPay, and Entsia. The expanded 2026 framework reflects industry shifts, particularly the growing role of regulation technology companies that help financial institutions meet evolving compliance and risk management requirements.

A Call For Fintech Leaders

Applications are open to companies developing technology-driven financial services with measurable market impact. Applicants are expected to demonstrate clear product focus, innovation, and business scalability. The submission process, managed by Statista, requests information related to business models, revenue performance, and workforce growth.

Application Details And Key Dates

To apply, interested companies can submit their information online. The application deadline is April 24, 2026. For further clarification on the application process or additional support with the form, inquiries can be directed to Statista via email at topfintechs@statista.com.

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