Tencent's AI investment to drive long-term growth, analysts say, amid DeepSeek integration [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Yahoo! Finance
Tencent chairman and CEO Pony Ma Huateng said on Wednesday that he had talked with Liang Wenfeng, the founder of DeepSeek, and "admires" his firm for making "an independent, truly open-source and free product", referring to DeepSeek's models that are free to use and modify. Ma and Liang sat next to each other in the front row of a high-profile symposium chaired by President Xi Jinping last month. Ma said Tencent has adopted a "double-core" strategy on AI that uses both DeepSeek and its own Yuanbao models, following an approach similar to how it has dominated the video gaming industry by promoting self-developed titles and those developed by independent studios. Tencent is expected to release its own reasoning model on Friday. Do you h
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