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TENCENT To Join Forces with Toyota in 3 Core Arenas
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Tong Taosang (Dowson Tong), Senior Executive Vice President of TENCENT (00700.HK) and President of Cloud and Smart Industries Group, said at the 2024 Beijing International Automotive Exhibition that TENCENT will commence cooperation with Toyota in three core arenas: providing cutting-edge technologies, such as AI foundation model, cloud computing and big data, as well as working with Toyota to promote the "software-defined vehicle", Cailian Press reported.

According to a source from Toyota China, Toyota will cooperate with TENCENT to develop high-end intelligent driving solutions, whereas TENCENT will provide technical support, such as AI foundation models.

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TENCENT's technology will be applied to a Chinese-made passenger car model that will go on sale this year, said Xu Yiming, Director of Brand and Communications of Toyota China.
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