Why Tencent Is Giving Up 30% Immediate Profit to Bet on Its Own Large‑Model AI
Tencent’s Q2 earnings call reveals a strategic shift away from renting GPU capacity for short‑term gains, instead allocating most of its $53 billion capex to develop the Hunyuan large‑model series and AI agents like WorkBuddy and CodeBuddy, aiming for long‑term market dominance.
