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The Economic Times
The Economic Times

China tech giant Tencent sees Q1 profit jump after AI bets

Tencent China Artificial Intelligence DeepSeek

Chinese tech firm Tencent reported a 21% jump in quarterly net profit Wednesday as the video game giant bets big on the booming artificial intelligence sector.

The company, one of China's top AI players, hired a top former OpenAI researcher last year to head its AI venture, and in April unveiled a preview of a major upgrade to its flagship model.

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