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Tencent leverages AI investments and a vast digital ecosystem to lead in China's AI race, outpacing rivals like Baidu. Read ...
Chinese gaming and media giant Tencent (TCEHY, 0700.HK) reported that its AI cloud revenue doubled in 2024's fourth quarter while profit rose 90% year-over-year.
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Tencent Cloud is increasingly leveraging the WeChat ecosystem to set itself apart from competitors, CEO Dowson Tong said.
Tencent ramped up its purchases of AI chips in 2024’s final quarter to serve increased demand, which should translate into faster cloud revenue growth, executives said. The company is working ...
Tencent touted a hike in AI-related revenue in areas such as cloud computing and advertising. Revenue rose 11% year-on-year while profit was up 90% versus the same period in 2023. Tencent is known ...
Tencent Cloud, the cloud business of global technology company Tencent, announced the first-time inclusion of two of its ...
HONG KONG, April 7, 2025 /PRNewswire/ -- Tencent Cloud, the cloud business of global technology company Tencent, today ...
The bottom line: We raise wide-moat Tencent’s fair value estimate by 1% to $91 per share, as higher advertising and cloud revenue more than offset the increase in capex. Despite the recent rally ...
Tencent Cloud leverages its cutting-edge audio and video technology capabilities to help clients overcome their challenges, alongside its highly established and influential hybrid cloud deployment ...
Chinese tech giant Tencent Holdings has blamed “irregularities” in the access to its clients’ cloud service hub for a breakdown last week, in a bid to soothe user concerns amid intensifying ...
Green Packet Bhd ’s signing this week with global Internet giant Tencent Cloud to be the latter’s partner for cloud computing in Malaysia is likely to have fired up the race of a business that ...
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