(Bloomberg) -- Tencent Holdings Ltd. launched its latest and best image-generation model on the same day as rival Alibaba Group Holding Ltd. kicked off its AI conference, signaling intent to catch up to industry leaders like ByteDance Ltd. Most Read from Bloomberg Paramount to Settle Lawsuits, Paving Way for Warner Bros. Qatar Energy Chief Says Bessent 'Wrong' About Hormuz Future Stocks Jump on AI Optimism as AMD Tops $1 Trillion: Markets Wrap AI Risk Is Everywhere and It's Making Billion Dollar Funds Nervous US and China Hail Talks as Positive Ahead of Trump-Xi Summit The Hy Image 3.
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