Tencent Holdings Ltd. outlined plans to dramatically increase spending on artificial intelligence infrastructure after the Chinese company recorded the highest revenue growth rates since 2023, indicating that the most valuable firm in the Asian country intends to keep pace with competitors in the so-called post-DeepSeek era.
Chinese AI startup DeepSeek is rapidly being adopted among domestic tech firms, particularly in the cloud services and semiconductor sectors.
Media reports that Apple has approved an update to the WeChat app from Tencent Holdings ahead of the iPhone 16 debut.
Meta Platforms Inc. has approached the conclusion of a deal that will provide this technology giant with the opportunity to supply a mixed-reality headset to the Chinese market.
Tencent has been testing a proprietary AI model internally across different business segments, including advertising and fintech.
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