# From Moonshot to Enflame: how Tencent is betting big on China’s AI champions > Source: > Published: 2026-07-27 14:30:06+00:00 Advertisement # From Moonshot to Enflame: how Tencent is betting big on China’s AI champions A look at some of the key companies in Tencent’s growing AI portfolio, from model makers to chip designers 2-MIN READ2-MIN Listen [Iris Deng](/author/iris-deng)in Shenzhen Tencent Holdings is quietly reallocating its venture capital bets away from legacy internet assets to double down on China’s highest-profile artificial intelligence champions. While the tech giant’s sprawling portfolio spans mobile gaming, e-commerce and consumer goods globally, its AI strategy has rapidly accelerated. Earlier 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. Tencent did not respond to a request for comment. Here is a closer look at the other key players in Tencent’s AI portfolio. ### Moonshot AI Tencent was one of the earliest backers of Chinese unicorn Moonshot AI, developer of the recently released Kimi K3 model that [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 Select Voice Select Speed 1.00x