Tencent has released its new AI model, Hunyuan Turbo S, to compete with DeepSeek-R1 in the Chinese market.Hunyuan Turbo S offers faster query responses and efficient problem-solving through its hybrid-mamba-transformer fusion architecture.The model is priced at 0.8 yuan per million tokens for input API and 2 yuan per million tokens for output.Competition in China's AI ecosystem intensifies as Alibaba introduces Qwen QwQ-Max and DeepSeek plans to release DeepSeek R2.