Tencent

Ubisoft Strikes a Major Deal: Tencent Invests $1.16 Billion for Strategic Expansion

2 days ago

In a landmark move, Ubisoft, the renowned video game developer and publisher, announced that it has secured a substantial investment of $1.16 billion from Chinese tech giant Tencent. This strategic financial partnership aims to boost Ubisoft's potential in the gaming industry as it continues to expand its portfolio of beloved titles and adapt to evolving market trends.

Tencent-Backed Kuaishou Embraces AI Amid Slowing Sales Growth

4 days ago

Kuaishou, the short video-sharing platform backed by tech giant Tencent, has recently committed to bolstering its artificial intelligence (AI) initiatives as it grapples with a notable slowdown in sales growth. The company's latest strategic focus comes at a time when online content platforms are increasingly leaning on AI technologies to enhance user engagement and streamline operations.

Chinese Tech Stocks Dive Over 3% as Correction Approaches

5 days ago

Chinese technology stocks have experienced a significant decline, plummeting more than 3% recently, signaling the possibility of a market correction. This downturn has alarmed investors and analysts alike as the sector, which had been a stronghold in the global market, faces mounting pressures.

Tencent Experiences Record Growth Amidst Holiday Game Success

10 days ago

Tencent Holdings Ltd., the Chinese tech giant known for its dominance in the gaming industry, has recently reported an impressive surge in its growth metrics, attributed largely to a series of successful game releases during the recent holiday season. This remarkable performance marks the fastest annual growth for the company in over a year, sparking excitement among investors and gaming enthusiasts alike.

Tencent Unveils Groundbreaking Open-Source AI Models for Transforming Text into Stunning 3D Visualizations

11 days ago

In a significant advancement for the realm of artificial intelligence, Tencent has announced the launch of innovative open-source AI models designed to convert textual descriptions into immersive 3D visuals. This development is set to revolutionize the way creators and developers approach digital content, offering unprecedented capabilities for storytelling and presentation across various industries.

Tencent's New AI Bot Surpasses DeepSeek as China's Preferred Choice on iPhones

26 days ago

Tencent, a leading Chinese multinational conglomerate, has made headlines with the launch of its innovative AI bot, which has swiftly overtaken the existing favorite, DeepSeek, among Chinese iPhone users. This shift highlights the rapid advancements in AI technology and the increasing competition within the tech landscape in China.

Tencent Unveils Turbo AI Model Outpacing DeepSeek With Superior Speed and Efficiency

1 month ago

In a major development for the artificial intelligence sector, Chinese tech giant Tencent has announced the launch of its latest AI model, dubbed **Turbo**. The model is being heralded as a groundbreaking advancement, claiming to be significantly faster and more efficient than existing language models, including the renowned DeepSeek. This competitive edge positions Turbo as a formidable contender in the rapidly evolving landscape of AI technology.

China's Tech Sector Faces Turmoil as Trump's Order Heightens Geopolitical Tensions

1 month ago

In a significant turn of events, Chinese technology stocks have plunged, primarily driven by a recent executive order from former President Donald Trump. This directive, which has sparked concerns surrounding increased geopolitical risks, has created a turbulent environment for investors and companies aligned with China’s tech industry.

Tencent-Backed Audio App Pocket Seeks Fundraising to Accelerate AI-Driven Expansion

1 month ago

In an intriguing development within the technology and media sector, Pocket, an audio app supported by the investment giant Tencent, is reportedly gearing up for a significant fundraising round aimed at bolstering its growth propelled by artificial intelligence advancements. This move is a response to the rapidly evolving digital landscape where audio content consumption is surging. With AI becoming integral to content creation and user engagement, Pocket’s initiative could mark a significant milestone in the app’s trajectory.

Xi Jinping's New Strategy: A Collaborative Approach with Tech Giants for Economic Revival

1 month ago

In a significant shift in China's economic strategy, President Xi Jinping is opening doors to major technology CEOs, signaling a potential pivot in the country's approach towards the tech industry. The recent meeting between Xi and influential figures from the tech sector has generated optimism about revitalizing the Chinese economy amidst challenging global conditions.