Tencent plans to significantly boost AI infrastructure spending in the second half of 2026, as Chinese chipmakers ramp up domestic AI chip production. The company also posted strong first-quarter results and is in talks for a stake in Deepseek.

TikTok parent company ByteDance has increased its planned spending on AI infrastructure by 25% this year, raising the total to RMB 200 billion ($28

Tencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw growth, driven by popular titles. Online…

Sources say Alibaba out of DeepSeek deal; Tencent still aiming to invest

Tencent plans to significantly boost AI infrastructure spending in the second half of 2026, as Chinese chipmakers ramp up domestic AI chip production. The company also posted…

Games and advertising still fund the company’s next act, but investors are asking when AI will become more than a spending line.

Chinese tech companies have turned to domestic chips as Nvidia has remained shut out of the market.