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Home » Tencent’s Liu Wei Leaves to Start New Venture, Sora Delayed

Tencent’s Liu Wei Leaves to Start New Venture, Sora Delayed

Seok Chen by Seok Chen
November 19, 2024
in AI
Reading Time: 1 min read
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In a significant development in the tech industry, Liu Wei, the head of Tencent’s mixed reality technology division, has announced his departure from the company to embark on a new entrepreneurial venture. This move comes at a time when Tencent is reportedly delaying progress on its innovative Sora project, a mixed reality platform that has garnered substantial attention.

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Liu’s exit raises questions about the future of Sora, which has been positioned as a key component of Tencent’s strategy to compete in the rapidly evolving mixed reality market. Under Liu’s leadership, the division made impressive strides, pushing the boundaries of technology and creativity. His departure could mean a shift in focus as Tencent reevaluates its direction amid increasing competition from both domestic and international rivals.

Sources indicate that Liu plans to launch a startup aimed at developing new technologies and solutions in the mixed reality space, although details on his new venture remain scarce. Industry experts speculate that his extensive experience at Tencent will be instrumental in shaping his future endeavors.

As Tencent prepares to navigate this transition, stakeholders are keenly observing how this shift will affect the company’s broader technological initiatives and its position in the market. The uncertain status of the Sora project adds an extra layer of complexity, as investors and consumers alike await news on its development.

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This change marks another chapter in the ever-evolving landscape of the tech industry, where leadership transitions can significantly impact project trajectories and innovation.

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Seok Chen

Seok Chen

Seok Chen is a mass communication graduate from the City University of Hong Kong.

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