From Yahoo Finance: 2025-03-20 05:30:00

Tencent Holdings is investing in AI for long-term growth, aligning with DeepSeek and in-house models. Chairman Pony Ma Huateng admires DeepSeek’s free products. Tencent’s “double-core” AI strategy combines DeepSeek and Yuanbao models, boosting spending on AI infrastructure to stay competitive in China’s AI market. Tencent’s consumer-facing app saw a 20-fold increase in users. Analysts predict Tencent’s capital expenditure to rise, making it one of China’s biggest spenders on AI. Tencent’s strong profit in 2024 allows for continued investment in AI. The company plans to monetize AI beyond cloud services, leveraging its ad business and WeChat ecosystem. Tencent aims to innovate in AI agents and robotics, focusing on cloud services and open-source collaboration. Shares declined 3.8% on Thursday.

Read more: Tencent’s AI investment to drive long-term growth, analysts say, amid DeepSeek integration