Tencent says it could make instant profits on $53B hardware splurge by renting it for AI workloads

Chinese tech giant Tencent has turned its back on instant profits, betting that a new business unit that creates its own AI and embeds that in its products will pay off to a greater extent than cashing in on demand for computing resources. During the company’s Q2 earnings call yesterday, Bernstein analyst Robin Zhu asked when …

[Dev_Fit]

interesting

neocloud says what?

[IGotOut]

Bit late for the bubble....

...but hey oh

[Anonymous Coward]

Re: Bit late for the bubble....

Book the future income, cash in your options, run away.

[IGotOut]

$53B?

What's that these days?

64Gb ram, 2x 1Tb SSDs and a used 5090?

[Anonymous Coward]

"but at what cost"

[david 12]

messaging apps, Weixin and WeChat,

Weixin is WeChat.

Weixin / WeChat isn't just a messaging app. It's a collection of products under the Weixin / WeChat framework, including payment (like apple pay), video (like Youtube or TikTok), and half-dozen others.