AI

Chinese tech giant Tencent sees spending surge, defends potential 'superior' AI returns

Aug 12, 2026 - 09:35
 0  0
Chinese tech giant Tencent sees spending surge, defends potential 'superior' AI returns
Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery about its rising spending.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0

Related Posts

Business Insider is seeking nominations for its inaugural list of rising stars in robotics, spotlighting researchers, founders, engineers, operators and investors who are emerging as influential figures in the industry. Submissions are due Friday…

Business Insider is seeking nominations for its inaugur...

Oct 1, 2026  0  0

UK Prime Minister Andy Burnham said there are strong indications Iran played a part in the incident at RAF Fairford in Gloucestershire, where five men were arrested on suspicion of explosive and terrorism offences.

UK Prime Minister Andy Burnham said there are strong in...

Oct 1, 2026  0  0

Google security engineer Prerit Pathak says he moved from software engineering to cybersecurity after studying at Carnegie Mellon, interning at Google, and joining the company full-time in New York in 2023.

Google security engineer Prerit Pathak says he moved fr...

Oct 1, 2026  0  0

India’s insurance regulator has proposed bringing back product-level commission caps and tighter expense limits, a move that could affect foreign insurers after the market opened to 100% foreign ownership last year.

India’s insurance regulator has proposed bringing back ...

Sep 30, 2026  0  0

Arceus, an AI-native law firm startup founded by serial entrepreneur Mac Liu, says it raised new funding led by Greycroft, lifting total funding to $17 million as it pitches faster contract review.

Arceus, an AI-native law firm startup founded by serial...

Oct 1, 2026  0  0

Ken Griffin gave Carnegie Mellon University $3 billion, including $2 billion to develop a Miami campus for the Pittsburgh-based school, expanding his latest major bet on South Florida higher education.

Ken Griffin gave Carnegie Mellon University $3 billion,...

Oct 1, 2026  0  0