Tencent Holdings Ltd. outlined plans to sharply raise spending on AI infrastructure after posting its fastest pace of revenue growth since 2023, suggesting China’s most valuable company is intent on ...

which includes online ads, rose 17% to 35 billion yuan. Sales within the fintech business, which incorporates cloud services and payment services, rose 3%. Tencent Makes AI Moves The strong ...

The market very much liked what it heard coming from China's Tencent Music Entertainment Group (NYSE: TME) this week. This was the final earnings release for Tencent Music's 2024, and it covered both ...

Tencent's AI models allow it to serve uses with "more relevant ad recommendations," the company said. Meanwhile, AI cloud revenue approximately doubled year-on-year in 2024, Tencent said ...

I reiterate a ‘Strong Buy’ rating on Tencent, driven by robust business expansion in marketing services and FinTech, and significant AI integration ...

Tencent is betting big on AI, and investors are paying attention. The company’s upcoming earnings report will reveal just how much it plans to spend to compete with Alibaba, whose stock has already ...

HONG KONG -- China's most valuable company, Tencent Holdings, posted a much better-than-expected quarterly result on Wednesday, due to strong growth in AI-powered advertisements and a robust showing ...

Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game giant ...