Lates News

On August 12, Tencent's Q2 2026 financial report revealed that the impact of its AI products, including Hunyuan, Yuanbao, WorkBuddy, CodeBuddy, and Xiaowei, on Non-GAAP operating profit was 10.5 billion yuan, a significant increase compared to Q1. Tencent President Liu Chiping, discussing how Tencent allocates investments in AI products, stated that the current situation is very dynamic. Before identifying clear explosive opportunities, Tencent's investments will be relatively cautious, but once potential opportunities are seen, investments will be increased, with a long-term investment strategy in mind. For instance, WorkBuddy is experiencing explosive growth, so it has received priority investment, while the priorities of some other products have been lowered. Over time, economic benefits will gradually manifest, and at some point, profitability will naturally be achieved. He emphasized that if Tencent were to change its business model to simply renting out computing power, it would not only avoid losses but would also be profitable. Tencent always has this alternative plan, which gives the company "a lot of confidence." (Jiemian)