Reported 2 days ago
Analysts predict that Tencent Holdings' significant investment in artificial intelligence (AI), particularly its collaboration with DeepSeek, positions the company for long-term growth. Tencent's CEO, Pony Ma, highlighted the company's dual strategy utilizing DeepSeek and its own Yuanbao models, with plans to increase AI infrastructure spending to support core business expansion. The increasing popularity of its Yuanbao app, alongside projections of boosting capital expenditures, illustrates Tencent's ambition to strengthen its position in the competitive AI market.
Source: YAHOO