Undawn, a zombie survival shooter by Tencent, flopped spectacularly despite a large development team and budget. Lack of marketing and post-launch buzz contributed to its failure. [ more ]
Tencent chief says gaming business under threat, catching up in AI
Tencent's video games business is facing challenges from competitors, but the company is catching up in AI development.
Tencent's CEO acknowledges that the company has been resting on its laurels in gaming and has faced significant challenges in launching new successful games. [ more ]
Tencent Holdings has seen a 10% increase in third-quarter revenue, driven by its gaming sector and online advertising sales.
WeChat, operated by Tencent, reported a 29% increase in revenue compared to last year, showcasing the company's dominance in the digital entertainment industry.
Tencent's domestic games revenue grew by 5% and its online advertising segment saw a 20% increase in revenues. [ more ]
Tencent says has Nvidia AI chip stockpile but seeking to buy domestic | SaltWire
Chinese technology giant Tencent Holdings has a stockpile of AI chips from U.S. maker Nvidia, but new U.S. restrictions on chip sales to China will eventually impact its cloud services.
Tencent will need to use its existing stock of Nvidia chips more efficiently and seek domestically produced alternatives due to the ban on chip exports to China.
The ban on chip exports will affect cloud services where Tencent sells computing power to clients. [ more ]