Tencent posts 21% profit rise to $8.6bn on AI investments
NewsBytes | May 13, 2026 8:40 PM CST
AI investment slows Tencent revenue growth
Revenue growth slowed down a bit this quarter (up 9%), as Tencent keeps investing heavily in AI to stay ahead of rivals like Alibaba and ByteDance.
Even though analysts say external AI revenue will stay limited for now, Tencent's tech upgrades are helping it grow its advertising business and adapt in the fast-changing tech scene.
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