HK Stock Market Move | TENCENT (00700) rose nearly 3% recently released and open-sourced the hybrid 3D world model 2.0. Large models and multi-modal evolution continue to deepen.

TENCENT (00700) rose nearly 3%, with an increase of 2.25% as of press time, trading at HK$522, with a turnover of HK$46.77 billion. On the news front, on April 16th, Tencent officially released and open-sourced the HY-World 2.0 model for mixed reality 3D worlds. HY-World 2.0 is a multi-modal world model that can automatically generate, rebuild, and simulate 3D worlds based on different types of inputs such as text, images, and videos. It also supports the export of multiple formats of 3D assets (Mesh/3DGS/point cloud, etc.) and seamless integration with existing game workflows for quickly creating game maps and level prototypes. The HY-World 2.0 model allows AI to evolve from "dialogue," "drawing," and "sculpting objects" to "world-building" generating complete "worlds" containing people, objects, and scenery. Open Source Securities pointed out that Tencent and Alibaba recently launched the HY-World 2.0 and Happy Oyster multi-modal world models, respectively. The former can automatically generate, rebuild, and simulate 3D worlds, while the latter allows users to control camera angles, adjust characters, and change plot directions in real-time using text commands at any point in a generated video. Additionally, the recent release of Claude Opus 4.7 shows significant progress in the fields of software engineering, vision, and agent capabilities. The firm believes that the continuous improvement in large-scale multi-modal, inference, and agent capabilities will continue to drive the commercialization of AI applications in vertical domains and the demand for computing power for cloud services.