Tencent Holdings

New Business

Tencent’s new AI-powered programming tool fully automates application development

Tencent Holdings this week commenced beta testing on CodeBuddy IDE, a smart programming tool for software developers that provides artificial…

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Singaporean chip equipment maker ASMPT sees steady growth behind AI infrastructure boom

“AI tailwinds are driving strong demand across both advanced packaging [AP] and mainstream businesses, and we achieved better-than-expected bookings for…

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Hong Kong stocks sustain 3-year-high level as headway on trade talks spurs optimism

The run-up that drove Hong Kong stocks to the highest level in more than three and a half years continued…

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How China’s open-source AI is helping DeepSeek, Alibaba take on Silicon Valley

July 9, 2024, may be remembered as a day of humiliation for China’s artificial intelligence community. On that day, US…

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Manus AI lays off China staff, scrubs social media, shelves mainland service

The company behind the general-purpose artificial intelligence (AI) agent Manus laid off most of its staff in Beijing last week,…

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Chinese unicorn Moonshot launches AI model Kimi K2 in red-hot open-source market

Chinese start-up Moonshot AI has released a new open-source artificial intelligence (AI) model, called Kimi K2, that is touted to…

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Hong Kong stocks head for weekly gain on earnings optimism; Wuxi AppTec rallies

Hong Kong stocks advanced on Friday, putting the city’s benchmark on track for a weekly gain on expectations for improved…

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Robot maker AgiBot seeks stake in Shanghai-listed firm in potential back-door listing move

Tencent Holdings-backed AgiBot plans to acquire a controlling stake in a Shanghai-listed company for roughly 2 billion yuan (US$279 million),…

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China’s cloud services spending hits US$11.6 billion in first quarter on AI-related demand

Alibaba Group Holding’s cloud computing unit continued to lead the industry in the March quarter, with a commanding 33 per…

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China AI champion Baidu rolls out most sweeping changes to search platform in a decade

Beijing-based Baidu has now enlarged the mobile app’s search bar and turned it into a “smart box” that supports long…

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