Tencent’s Capex Nearly Triples on More Compute for AI Models and Tools

The Information | 12-08-2026 04:06pm |

Tencent Holdings said its capital expenditures in the second quarter nearly tripled from a year earlier to 52.8 billion yuan ($7.8 billion), as the Chinese tech giant beefed up its computing infrastructure to train better AI models and meet growing demand for its coding and productivity tools. “ ...

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