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Tencent game studio eyes global growth with Honour of Kings spin-off after user milestone

Tencent Holdings, the world’s largest video gaming company by revenue, is intensifying its international expansion as its flagship studio reports…

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New Business

Alibaba, Baidu lead China’s AI cloud boom as market surges 55% to US$2.7 billion

Baidu and Alibaba Group Holding led the market for public cloud services supporting artificial intelligence in China last year, as…

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New Business

Hong Kong stocks on course for nearly 4-year high on Tencent earnings beat

A stellar run on Hong Kong stocks gained traction on Thursday, with the benchmark heading for a level not seen…

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Alibaba’s world-leading AI lab becomes a target for talent poaching by Chinese rivals

Top artificial intelligence talent at Alibaba Group Holding’s Tongyi Lab, developer of the widely used open-source Qwen models, has become…

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New Business

Tech giants from Tencent to ByteDance vie for AI agent supremacy after Manus relocates

Chinese Big Tech firms from Tencent Holdings to ByteDance are intensifying their focus on artificial intelligence (AI) agents in a…

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New Business

WAIC Shanghai: China reveals new great leap forward with 1,509 AI models

China is now home to 1,509 AI models, which accounts for more than 40 per cent of the world’s total,…

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WAIC Shanghai: Tencent, SenseTime launch new AI models to stir up industry rivalry

Tencent Holdings and SenseTime launched new artificial intelligence (AI) models at the World Artificial Intelligence Conference (WAIC) in Shanghai on…

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League of Legends world championship returns to China as mainland esports sector grows

The annual professional competition, also known as the Worlds, will kick off in Beijing from October 14 and then move…

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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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New Business

Korean funds are buying Chinese stocks again after selling US$984 million in past 3 years

South Korean fund managers are renewing their interest in Chinese equities after pulling back from the market in the past…

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