It's never a good sign when rivals try to outspend one another. In China, technology giants Tencent and Alibaba are battling ...

Since emerging in mid-January 2025, DeepSeek has rapidly reshaped the AI landscape. As its presence grows into a second month ...

Zhou Yunjie, chairman of home appliance giant Haier Group, said AI models tailored for the smart home domain represent key ...

The pace of Beijing’s push for open-source artificial intelligence has been relentless, says June Yoon for the Financial ...

Tencent has accelerated its AI initiatives in recent months, notably becoming the first major Chinese tech company to ...

Tencent Holdings Ltd. outlined plans to sharply raise spending on AI infrastructure after posting its fastest pace of revenue ...

Tencent reported a 90% surge in fourth-quarter profit to 51.32 billion yuan, equivalent to $6.61 billion, soundly beating analysts' estimate of 44.46 billion yuan. Revenue rose 11% from a year earlier ...

Tencent plans to buy back more than $10 billion (R182 billion) of stock after posting its fastest pace of quarterly revenue ...

BEIJING] Tencent Holdings plans to buy back more than US$10 billion of stock after posting its fastest pace of quarterly ...

Revenue for the three months ended December rose to 172.5 billion yuan ($23.8 billion), versus an average estimate of 168.7 ...

Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue.