Tencent Holdings Ltd.’s AI chatbot, Yuanbao, has surged to the top of China’s iPhone app store, surpassing DeepSeek, which had been leading the AI chatbot race. This development highlights the intensifying competition in China’s artificial intelligence sector as major technology...
In an unprecedented move, Tencent Holdings Ltd., China’s most valuable tech giant, executed its largest share buyback in nearly two decades following a steep selloff triggered by its addition to a U.S. blacklist for alleged ties to the Chinese military....