Cloud computing spend in Mainland China reached $11.6 billion in the first quarter of 2025, according to Canalys research.

China's cloud infrastructure spending surged 16% to $11.6B in Q1 2025, driven by AI adoption. Market to reach $46B in 2025, led by Alibaba and Huawei.

Kuaishou maintains a strong financial position, with a net cash balance of CNY 82 billion as of end-2024. Combined with its favorable operating cash flow outlook, we believe the company is ...

The Tencent-backed start-up plans to acquire a controlling stake in Swancor Advanced Materials for US$279 million Tencent ...

"Generative recommendation is reshaping every industry," said Jiang Jie, Vice President of Tencent and one of the judges.

Ubisoft has announced that they have laid off 19 employees at Red Storm as part of their 'ongoing, targeted restructuring'.

The joint solution is now being promoted to both independent labels and major fashion houses across Japan, with broader ...

Currently, the stocks amount to about $2 trillion in market value. But the leading investment bank has predicted an average ...

For a company long defined by proprietary development, this move is a symbol of a broader technological undercurrent sweeping ...

In a groundbreaking development, Tencent has announced an upgrade to its Mixyuan 3D platform, introducing the industry’s first artistic-grade 3D generation large-scale model. This innovative ...

Chinese investors pulled back from major tech stocks in Hong Kong last month, putting pressure on a rally that has ...