{"slug": "from-moonshot-to-enflame-how-tencent-is-betting-big-on-chinas-ai-champions", "title": "From Moonshot to Enflame: how Tencent is betting big on China’s AI champions", "summary": "Tencent Holdings is reallocating venture capital from legacy internet assets to double down on China's AI champions, including model maker Moonshot AI and chip designer Enflame. The tech giant recently trimmed its stake in Kuaishou Technology after backing a US$3 billion round for Kuaishou's AI video unit Kling AI.", "body_md": "Advertisement\n\n# From Moonshot to Enflame: how Tencent is betting big on China’s AI champions\n\nA look at some of the key companies in Tencent’s growing AI portfolio, from model makers to chip designers\n\n2-MIN READ2-MIN\n\nListen\n\n[Iris Deng](/author/iris-deng)in Shenzhen\n\nTencent Holdings is quietly reallocating its venture capital bets away from legacy internet assets to double down on China’s highest-profile artificial intelligence champions.\n\nWhile the tech giant’s sprawling portfolio spans mobile gaming, e-commerce and consumer goods globally, its AI strategy has rapidly accelerated.\n\nEarlier this month, Tencent trimmed its long-held stake in Kuaishou Technology days after backing a US$3 billion round for Kuaishou’s AI video unit, Kling AI.\n\nTencent did not respond to a request for comment.\n\nHere is a closer look at the other key players in Tencent’s AI portfolio.\n\n### Moonshot AI\n\nTencent was one of the earliest backers of Chinese unicorn Moonshot AI, developer of the recently released Kimi K3 model that\n\n[sparked talk of another “DeepSeek moment”](https://www.scmp.com/tech/big-tech/article/3361387/another-deepseek-moment-what-chinas-kimi-k3-means-global-ai-industry?module=inline&pgtype=article?module=inline&pgtype=article).Advertisement\n\nSelect Voice\n\nSelect Speed\n\n1.00x", "url": "https://wpnews.pro/news/from-moonshot-to-enflame-how-tencent-is-betting-big-on-chinas-ai-champions", "canonical_source": "https://www.scmp.com/tech/big-tech/article/3362013/moonshot-enflame-how-tencent-betting-big-chinas-ai-champions?utm_source=rss_feed", "published_at": "2026-07-27 14:30:06+00:00", "updated_at": "2026-07-27 14:58:23.125984+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-startups"], "entities": ["Tencent Holdings", "Moonshot AI", "Enflame", "Kuaishou Technology", "Kling AI", "Kimi K3"], "alternates": {"html": "https://wpnews.pro/news/from-moonshot-to-enflame-how-tencent-is-betting-big-on-chinas-ai-champions", "markdown": "https://wpnews.pro/news/from-moonshot-to-enflame-how-tencent-is-betting-big-on-chinas-ai-champions.md", "text": "https://wpnews.pro/news/from-moonshot-to-enflame-how-tencent-is-betting-big-on-chinas-ai-champions.txt", "jsonld": "https://wpnews.pro/news/from-moonshot-to-enflame-how-tencent-is-betting-big-on-chinas-ai-champions.jsonld"}}