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China’s Tencent pledges new wave of AI investment as it bets on WeChat agents
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Updated 3 hours ago
First seen March 18, 2026 22:53:57Stay on top of this story
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Quick Summary
Tencent Holdings pledged to double its investment in artificial intelligence products and models in 2026, a bigger bet from the tech giant as it gains greater confidence in the technology’s capability to drive future growth across its businesses. The Shenzhen-based company dedicated 18 billion yuan (US$2.6 billion) to the development of new AI products in 2025, including 7 billion yuan in the fourth quarter alone, said Tencent president Martin Lau Chi-ping at a media briefing on Wednesday. “We...