Tencent Cloud chief defends AI capex as Tencent and Visa expand payments tie-up

Signals how a major Chinese platform is justifying AI capex and extending AI into cross-border payments.

Tencent's cloud boss says AI demand justifies heavy capital spending as the company works to close its gap with rivals. Separately, Tencent and Visa expanded their partnership to explore AI-powered cross-border payments.

Domain

general

Read it at Bloomberg →

Coverage: 6 sources, in order

1. 28 Oct 23:34 Asia Business Outlook Read the article →
2. 29 Oct 02:30 Bloomberg Read the article →
3. 29 Oct 02:30 Bloomberg Read the article →
4. 29 Oct 02:45 Fintech News Singapore Read the article →
5. 29 Oct 02:45 Fintech News Singapore Read the article →
6. 29 Oct 04:03 The Japan Times Read the article →

← Front page