Sources: CXMT and Tencent sign a ~$3B, three-year DRAM supply agreement for servers ahead of CXMT's IPO; CXMT is in talks with other major Chinese companies
Chinese memory chipmaker ChangXin Memory Technologies (CXMT) has signed a long-term supply agreement with Tencent Holdings (0700.HK) …
Sources: a new AI lab founded by Junyang Lin, a former lead of Alibaba's Qwen models, has raised several hundred million dollars at a ~$2B post-money valuation
Tencent Holdings has backed a new AI lab founded by Junyang Lin, former lead researcher of Alibaba Group's Qwen models …
Tencent-backed Enflame receives approval for a Shanghai IPO and plans to raise ~$888M; Enflame is the last of China's four leading AI chipmakers to go to market
Tencent Holdings Ltd.-backed Shanghai Enflame Technology Co. has received approval for an initial public offering …
Tencent says it plans to spend significantly more on AI infrastructure in H2 2026 as more China-designed AI chips become available “month by month”
Tencent Holdings is gearing up to spend more on AI infrastructure after chip shortages began showing signs of relief.
Sources: Tencent and Alibaba are in talks to invest in DeepSeek at a $20B+ valuation, partly benchmarked against Moonshot's pending round at an $18B valuation
Chinese tech giants Tencent Holdings and Alibaba Group are in talks to invest in DeepSeek, the AI upstart that recently started fundraising …
Sources: Tencent is developing a top-secret AI agent for WeChat, and has tested using models from Zhipu, Alibaba, and DeepSeek, to compete with Qwen and Doubao
Tencent Holdings is secretly building a new AI agent for its hugely popular WeChat messaging app, in hopes of leapfrogging rivals …
Tencent reports Q3 revenue up 15% YoY to ~$27B, above ~$26.6B est., net profit up 19% YoY to ~$8.9B, above ~$8B est., and domestic game revenue up 15% YoY
The tech giant delivered a 19% increase in third-quarter net profit — Tencent Holdings reported double-digit growth on its top and bottom lines …
Sources: ByteDance, Alibaba, Tencent, and other Chinese companies placed $16B+ in orders for Nvidia's H20 chips in Q1 2025, ahead of a potential US sales ban
Chinese companies including ByteDance, Alibaba Group and Tencent Holdings have placed at least $16 billion in orders …
Tencent unveils Hunyuan T1, a new reasoning AI model powered by its Hunyuan Turbo S AI model, and claims it rivals DeepSeek's R1 in both performance and pricing
Tencent Holdings has unveiled a new artificial intelligence (AI) reasoning model, Hunyuan T1, that rivals DeepSeek's R1 in both performance and pricing.
Tencent partners with Visa to launch a palm biometric authentication payment service at stores and restaurants in Singapore, its first expansion outside China
GUANGZHOU — China's Tencent Holdings announced that it is partnering with Visa to launch a palm biometric authentication payment service …