Narwal, known for its robot vacuums and mops, will use the funding to develop an AI-powered household product.

Hong Kong-based China Ruyi Holdings said on Tuesday it would raise around HK$2.34 billion ($301.74 million) in convertible bonds.

Backed by Alibaba Group Holding Ltd. and Tencent Holdings Ltd., Zhipu is one of just a handful of Chinese startups trying to take on OpenAI globally.

Streaming media firm China Ruyi Holdings , backed by gaming and internet company Tencent , is aiming to raise between $300 ...

[BEIJING] Tencent Holdings on Wednesday (Mar 19) outlined plans to sharply raise spending on AI infrastructure after posting its fastest pace of revenue growth since 2023, suggesting China’s most ...

Tencent’s stock is still a little more than 30% away from a new record high, but that’s closer than many of its Chinese tech peers following Beijing’s crackdowns on corporate giants in ...

Beijing (AFP) – Chinese internet and gaming giant Tencent said on Wednesday that profits in the fourth quarter of 2024 surged 90 percent as the firm accelerates a push into artificial ...

[BEIJING] Tencent Holdings released new AI services that turn text or images into 3D visuals and graphics, the latest in a series of products to emerge from big tech firms since DeepSeek galvanised ...

BEIJING (Reuters) - Chinese technology giant Tencent said on Wednesday it would boost capital expenditure in 2025, as it strengthens artificial intelligence development and infrastructure.

Chinese tech titan Tencent is set to invest US$1.25bil (RM5.54bil) in French video game maker Ubisoft, in exchange for a 25% stake in a new subsidiary of the Assassin's Creed publisher.

Tencent Joins China's AI Spending Race With 2025 Capex Boost BEIJING (Reuters) - Chinese technology giant Tencent said on Wednesday it would boost capital expenditure in 2025, as it strengthens ...

President Xi Jinping last month met with prominent entrepreneurs including Tencent chief Pony Ma and Alibaba Group Holding Ltd. co-founder Jack Ma, signaling Beijing's softening stance toward a ...