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Niphon | Istock | Getty Images Tencent and Baidu, two of China’s largest technology companies, revealed how they’re keeping in the global artificial intelligence race even as the U.S. tightens some curbs on key semiconductors. The business’ methods include stockpiling chips, making AI models more efficient and even using homegrown semiconductors. While the administration of […]
A Pony.ai autonomous car. Pony.ai Chinese start-up Pony.ai said Friday it will develop autonomous driving technology in partnership with Tencent Cloud and offer robotaxi services on tech giant Tencent’s WeChat and other applications. The Nasdaq-listed company which specializes in autonomous vehicle technology, particularly robotaxis and robotrucks, said in a press release that the deal will […]
The Pentagon on Monday labeled Tencent, the Chinese social media and gaming giant, as a Chinese military business operating in the United States, the latest action in an escalating series of retaliatory moves between the world’s two superpowers. Tencent’s shares in the United States plunged by nearly 10 percent after the decision by the Defense […]
Jonathan Raa | Nurphoto | Getty Images Shares of Chinese tech heavyweight Tencent Holdings tumbled nearly 8% in Hong Kong after the company was added to a list of “Chinese military companies” by the U.S. Department of Defense. The move mirrors an 8% fall in Tencent’s U.S. depository receipts on Wall Street. Other Chinese companies […]
