The Chinese technology conglomerate Alibaba is making a substantial financial commitment to solidify its position in the artificial intelligence arena. In a mov ...
Baidu Inc. announced plans to issue its first dividend alongside a three-year stock buyback program of as much as $5 billion, ...
In a move designed to steady investor nerves, Baidu signalled a shift towards more predictable payouts as AI spending ...
Shares of Tencent Holdings (HK:0700) fell sharply on Wednesday after its popular messaging platform WeChat blocked certain ...
Calgary-based fintech firm Neo Financial has raised C$68.5 million in a new round of funding that includes investments from Alberta pension fund AIMCo, private equity firm Northleaf Capital Partners ...
China approved 400,000 Nvidia H200 chips at a 25% tariff—the silicon surrender validates Nvidia's foundational position.
Company allocates $431M for Qwen AI promotion during Lunar New Year, outspending Tencent and Baidu in chatbot competition.
Goldman Sachs believes that accelerating client growth and emerging upside from crypto trading could drive shares of Futu higher. The bank upgraded the Tencent-backed digital brokerage platform to buy ...
Tencent Holdings Limited captures growth from China's services pivot, AI, and five-year plan support with proactive regulation. See why TCEHY stock is a buy.
The Chinese firm is eyeing new data centers and availability zones as regional cloud and AI investment accelerates.
Tencent targets Middle East for cloud expansion, joining global tech players. Plans to increase investment and partnerships ...
Tencent's expansion will likely put it into more direct competition with U.S. giants including Amazon, Microsoft and Google.
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