The Latest Breaking News from Tencent

100,000 Reasons to Buy Oracle Stock

Oracle has a fresh 100,000-chip catalyst to watch as a reported Tencent deal underscores surging demand and strengthens the bull case for the cloud giant’s stock.

Barchart · Oct 6

Moonshot AI eyes Hong Kong IPO after $50 billion valuation as DeepSeek raises capital

Chinese AI start-up Moonshot AI is targeting for a Hong Kong listing in early 2027 after its valuation hit $50 billion (€44.6bn), while rival DeepSeek is raising between ¥80 billion (€10.6bn) and ¥100 billion (€13.3bn) in a round led by Tencent and CATL, fuelling bets on its own market debut.

Euronews · Oct 6

DeepSeek to raise at least $12 billion in Tencent-backed funding

Chinese AI startup DeepSeek is close to securing at least 80 billion yuan ($11.93 billion) in its latest round of funding, Bloomberg News reported on Tuesday, citing people familiar with the matter.

The Economic Times · Oct 6

WeChat's 1.4 Billion Users Faced a Dangerous Security Flaw. AI Helped Turn It Into a Self-Spreading Worm.

Palo Alto cybersecurity company Calif described WeWorm as the first known zero-click worm that can spread through WeChat calls on both Apple's iOS and Google's Android.

International Business Times · Sep 8

China’s AI capex jumps 105% YoY, but Jefferies says US cloud giants face greater risks

Chinese tech giants sharply increased AI capital expenditure in Q2 2026, driven by inference demand and chip availability. However, Jefferies sees greater sustainability risks in US cloud spending, highlighting rising capex relative to revenue and the challenge of monetising AI infrastructure investments.

The Economic Times · Sep 7

Startup launches 27-inch glasses-free spatial 3D display for under $1200 on Kickstarter

ViewX has launched a Kickstarter campaign for glasses-free 3D displays in 15.6-inch and 27-inch sizes, backed by Tencent's software technology.

TechRadar · Sep 1

Chinese AI chipmaker Enflame aims to raise $908 million after setting Shanghai IPO price

Enflame Technology, a prominent Chinese AI chip manufacturer, is set to raise over $900 million through its IPO in Shanghai. This initiative aligns with China's ambition for technological independence following US export restrictions on chips. The firm intends to confront Nvidia's stronghold in the AI chip sector, channeling the raised…

The Economic Times · Aug 31

XPeng’s Top Secret AI Robotics Program Outshines EV Woes

XPeng shares fell near $11 on an automotive sales miss, but a $900 million funding round valuing its Dogotix robotics unit at $6.3 billion suggests the market may be undervaluing the company's EV business.

MarketBeat · Aug 25

Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO

In late June, Airwallex raised $320 million in a Series H funding round led by Addition, which valued the cross-border payments platform at $11 billion

Fortune · Aug 20

China shifting massive AI data center complexes to rural provinces to tap surplus energy — ‘Eastern Data, Western Computing’ strategy has Chinese tech giants Huawei and Tencent building AI infrastructure Guizhou

Chinese tech giants are putting up data centers in rural Chinese provinces with zero resistance. The abundance of land and energy in these areas allowed infrastructure to easily be built with limited issues, although some experts still question how much development they can bring to these areas.

Tom’s Hardware · Aug 19