Tencent said to have poached ByteDance's researchers to beef up AI talent [Seeking Alpha]
TENCENT HLDGS UNSP/ADR (TCEHY)
NASDAQ:AMEX Investor Relations:
tencent.com/en-us/investor.html
Company Research
Source: Seeking Alpha
aggressive poaching campaign to lure AI researchers from ByteDance ( BDNCE ) with double salaries, and the company has successfully hired at least some of them. Quick Insights Tencent is reorganizing its AI team, demoting less experienced leaders, aggressively hiring top researchers from rivals such as ByteDance, offering higher-than-industry salaries, and recruiting hires like Yao Shunyu to overhaul its HY team structure. Tencent's HY team was fragmented across many departments, leading to internal rivalry, resource waste, and lack of research focus, which hindered its AI market success. Tencent sees development of strong in-house AI models as vital to long-term success and is boosting recruitment to increase capabilities, pitch research flexibility, and enable team impact during its restructuring. Recommended For You More Trending News
Show less
Read more
Impact Snapshot
Event Time:
TCEHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TCEHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TCEHY alerts
High impacting TENCENT HLDGS UNSP/ADR news events
Weekly update
A roundup of the hottest topics
TCEHY
News
- China assembles tech leaders to determine demand for Nvidia's H200 chips: report [Seeking Alpha]Seeking Alpha
- China's Tencent quits Paramount's bid for Warner Bros to avert national security questions [Yahoo! Finance]Yahoo! Finance
- How Recent AI and Market Shifts Are Rewriting the Story for Tencent [Yahoo! Finance]Yahoo! Finance
- Tencent (SEHK:700): Is the Market Underestimating Its Valuation After a Strong Year-to-Date Rally? [Yahoo! Finance]Yahoo! Finance
- China's AI wearables market is already booming: From the practical to peculiar [MSNBC.com]MSNBC.com