Tencent is in the news as China accelerates AI and chip development amid US tech tensions. It’s a giant in gaming, social media, and tech, based in Shenzhen.
China is intensifying efforts to develop self-sufficient AI chips amid US restrictions. Huawei announced a breakthrough in domestic AI hardware, while Beijing is pushing to reduce reliance on US technology by building a comprehensive local supply chain. Meanwhile, US-China relations show signs of pragmatic cooperation despite ongoing strategic competition.