SEHK:700Interactive Media and Services
Tencent’s AI And Fintech Bets Weighed Against Valuation And US Scrutiny
Tencent Holdings (SEHK:700) has backed Chinese large language model developer Moonshot, which has gained rapid traction in the AI sector.
The company is also an investor in Maya, a fintech firm that is preparing for a potential US IPO as it seeks international expansion.
The US Department of Defense recently named, then removed, Tencent from a list of companies it alleged were linked to China’s military, drawing fresh regulatory attention.
Tencent operates across consumer internet, gaming,...