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Tencent plans to ramp up AI spending as China's chip supply allegedly improves
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.
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technode.com
ByteDance boosts AI infrastructure spending by 25% to $28 billion this year · TechNode
TikTok parent company ByteDance has increased its planned spending on AI infrastructure by 25% this year, raising the total to RMB 200 billion ($28
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economictimes.indiatimes.com
Tencent revenue and profit miss on higher AI investment - The Economic Times
Tencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw growth, driven by popular titles. Online…
