Rising AI compute demand is driving a new wave of price increases, signaling that computing power is becoming an increasingly scarce resource in the AI era. According to Jiemian News, following Alibaba Cloud and Baidu Cloud, Tencent Cloud has also joined the ranks of providers raising AI compute pri...

According to South Korean outlet News1, Chinese tech giant Tencent has made it clear it has no intention of producing AI chips, stressing that it neither manufactures them now nor plans to in the future. This contrasts with other major Chinese tech firms, which have responded to U.S. restrictions on...

Ant Group is ramping up its semiconductor strategy, completing three major rounds of investment in the past week that span critical areas of the chip industry. The fintech giant has taken stakes in ReRAM memory developer Innostar Semi, AI edge chipmaker YeZhiXin Technology, and expanded its holdings...

According to Reuters, sources say the Cyberspace Administration of China has summoned domestic companies—including Tencent, ByteDance, Baidu, and several smaller tech firms—over their purchases of Nvidia’s H20 chips, asking them to justify the purchases and expressing concerns about potential ...

Amid tightening U.S. restrictions on AI, Chinese cloud companies like Huawei, Tencent and Alibaba seem to be gaining ground on an unexpected market: the Middle East. According to Rest of World, they are steadily gaining ground in the region’s digital infrastructure race, closing the gap with their...