Tencent Holdings Limited (TCEHY)
- Reuters
UPDATE 2-Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
Japan's Toyota Motor will pair up with China's Tencent while Nissan will team up with Baidu, the companies said on Thursday, cross-border partnerships that highlight the importance of artificial intelligence for carmakers. The separate announcements from two of Japan's biggest automakers at the Beijing auto show also underscored the attempt by Japanese manufacturers to come to grips with the massive technological shifts that have disrupted their once enviable positions in the Chinese market.
- Reuters
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
BEIJING (Reuters) -Japan's Toyota Motor will pair up with China's Tencent while Nissan will team up with Baidu, the companies said on Thursday, cross-border partnerships that highlight the importance of artificial intelligence for carmakers. The separate announcements from two of Japan's biggest automakers at the Beijing auto show also underscored the attempt by Japanese manufacturers to come to grips with the massive technological shifts that have disrupted their once enviable positions in the Chinese market.
- Bloomberg
Tencent Shares Blow Past Magnificent Seven on China Tech Outlook
(Bloomberg) -- Shares of Tencent Holdings Ltd. have surged more than 10% this month, outperforming the Magnificent Seven and underscoring global investors’ growing appetite for China’s undervalued megacaps.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldBig Tech Surges in Late Hours on Blowout Earnings: Markets WrapBiden’s
