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TechcrunchEven Realities secured $150 million in a pre-Series B round led by Meituan and Tencent. The round values the Shenzhen startup at $1 billion. @techcrunch reported the details of the funding.
washingtonpost.comCXMT will supply memory chips worth $3 billion to Tencent under a new agreement. The deal covers high-bandwidth memory products used in data centers and consumer devices.
chinamoneynetwork.comTencent is testing an AI assistant called Xiaowei inside the Chinese version of WeChat. The feature allows users to interact via text or voice and access mini-programs. The company did not disclose further technical details.
CnbcFangzhou Inc. presented its AI-powered chronic disease management platform at the 2026 Tencent Cloud AI Industry Applications Summit in Beijing on June 5.
CnbcYao Shunyu, who left OpenAI within the past year, is now chief AI scientist at Tencent and aims to build a long-term AGI organization in China.
insurancejournal.comDeepSeek seeks about 50 billion yuan in its initial funding round. Investors reportedly include Tencent and CATL.
Titan Network has added Tencent, Alibaba and Kling AI as clients for its crowdsourced computing network. The company says its clients achieve up to 75% cost savings on AI infrastructure.
technode.comTencent and Alibaba executives said production of China-designed GPUs will ramp up this year as the companies increase deployment of homegrown semiconductors. The comments reflect efforts to build self-sufficiency in AI technology amid U.S. export restrictions on Nvidia chips. Re…
South China Morning PostHangzhou-based AI lab DeepSeek is nearing the close of its debut external financing round, with a group of state-linked investors participating. The China Integrated Circuit Industry Investment Fund’s AI-focused affiliates under Big Fund III are backing the deal alongside Tencent…
The IndependentDozens of people assembled outside a Beijing tech headquarters on a recent weekday to install the AI agent OpenClaw, with similar events in Shenzhen earlier this year. Usage of generative AI in China has surged to over 600 million people, driven by integrations from companies lik…
Rest of WorldChinese tech companies Alibaba, Baidu, and BYD reported significant workforce reductions in their annual filings at the end of March 2026. The cuts reflect broader economic pressures and a shift toward AI investments, mirroring trends in U.S. firms. Tencent, however, increased it…
Volkswagen announced it will incorporate AI agents for voice control of car features in its vehicles in China. The technology draws from local firms like Tencent, Alibaba and Baidu, using a locally trained model that runs on the car. The move aligns with increased R&D localizatio…
business-standard.comAn investor in ByteDance is seeking to sell its stake after raising the price due to strong buyer interest. The move values ByteDance at more than $600 billion in a proposed transaction, up from an initial $550 billion. ByteDance remains China's second most valuable internet comp…
Substrate placeholder — needs reviewHuawei's cloud computing revenue fell in 2025 due to China's AI technology trailing U.S. competitors, though it grew when including internal customers. Tencent exceeded revenue estimates for the year, attributing the performance to its core business funding expanded AI investment…