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Recent Articles about Tencent

OpenAI CEO Sam Altman. Photo by Getty

OpenAI’s Spending Spree is Reordering the Cloud Market

By Amir Efrati · Sep 11, 2025 7:00am PDT

When OpenAI two months ago agreed to rent an unfathomably large amount of data center capacity from Oracle (4.5 gigawatts, or enough to power several large cities), we thought the market would have priced in the eventual mammoth revenue from that publicly announced deal. We were wrong.On Tuesday, Oracle disclosed that computing contracts would... When OpenAI two months ago agreed to rent an unfathomably large amount of data center capacity...

Art via Getty

Why AI Psychosis Is Here to Stay

By Rocket Drew · Sep 2, 2025 7:00am PDT

Before we get into today’s Agenda, be sure to check out the story my colleagues and I published on Friday laying out Elon Musk’s lawsuit against OpenAI and its CEO Sam Altman. The article can catch you up to speed on the case and explain why Musk stands a chance of winning if it goes to trial in March. The stakes couldn’t be higher for OpenAI:... Before we get into today’s Agenda, be sure to check out the story my colleagues and I published...

Art via Mike Sullivan

DeepSeek Opts for Huawei Chips to Train Some Models

By Qianer Liu and Juro Osawa · Aug 29, 2025 6:00am PDT

DeepSeek, one of China’s leading artificial intelligence developers, has decided to use Huawei Technologies’ AI chips to train some of its AI models, a sign it is reducing its reliance on Nvidia chips, according to three people with knowledge of the effort. The move follows pressure by the Chinese government on local tech companies to use... DeepSeek, one of China’s leading artificial intelligence developers, has decided to use Huawei...

ByteDance’s Singapore headquarters. Photo via Getty

ByteDance’s Upcoming ‘World Model’; Altman’s Thoughts on the GPT-5 Fiasco, Profitability, and Going Public

By Juro Osawa, Qianer Liu and Jing Yang · Aug 18, 2025 7:00am PDT

ByteDance’s Singapore headquarters. Photo via Getty

ByteDance’s Upcoming ‘World Model’; Altman’s Thoughts on the GPT-5 Fiasco, Profitability, and Going Public

By Juro Osawa, Qianer Liu and Jing Yang · Aug 18, 2025 7:00am PDT

Chinese developers of artificial intelligence software have already pulled ahead in domains like open-source and video generation. Now, one such developer is trying their hand at making AI models that can generate realistic worlds that users can explore, like immersive video games.ByteDance, TikTok’s parent company, is developing such an AI,... Chinese developers of artificial intelligence software have already pulled ahead in domains like...

Bullish's New York Stock Exchange debut. Photo via Getty

Crypto’s Bullish Day

By Ken Brown · Aug 13, 2025 5:00pm PDT

Crypto conquered the stock market again with the public debut of crypto exchange Bullish, whose stock soared as much as 220% on its opening day Wednesday after raising $1.1 billion in its IPO. The offering followed a glittering IPO from stablecoin issuer Circle and offerings from a raft of companies that have stuffed themselves with... Crypto conquered the stock market again with the public debut of crypto exchange Bullish, whose...

Nvidia CEO Jensen Huang at the China International Supply Chain Expo in Beijing in July. Photo via Getty

China Demands Companies to Halt Nvidia Chip Orders Over Security Concerns

By Qianer Liu · Aug 12, 2025 5:55am PDT

Just weeks after Nvidia reached a deal with President Trump allowing it to sell AI chips in China, the chipmaker has hit a new hurdle—Chinese authorities. China’s internet regulator in the past two weeks ordered local tech companies including ByteDance, Alibaba Group, and Tencent Holdings to suspend their purchases of Nvidia chips, citing... Just weeks after Nvidia reached a deal with President Trump allowing it to sell AI chips in...

Zhipu CEO Zhang Peng. Photo via YouTube.

Chinese AI Developer Zhipu’s First Half Revenue Grew Fourfold

By Qianer Liu and Juro Osawa · Aug 1, 2025 6:00am PDT

Chinese artificial intelligence model developer Zhipu AI, whose progress has attracted Washington’s scrutiny and caught OpenAI’s attention, increased revenue as much as fourfold in the first half of the year, the Beijing-based startup’s CEO, Zhang Peng, said in an interview this week. Zhipu’s business remains relatively small—revenue last... Chinese artificial intelligence model developer Zhipu AI, whose progress has attracted Washington...

Art via Mike Sullivan

How Cursor’s Global Success Is Lifted by China

By Juro Osawa and Qianer Liu · Jul 29, 2025 6:00am PDT

Art via Mike Sullivan

How Cursor’s Global Success Is Lifted by China

By Juro Osawa and Qianer Liu · Jul 29, 2025 6:00am PDT

When a powerful typhoon battered Guangzhou earlier this month, hundreds of programmers in the southern Chinese city braved torrential rain and gusting wind to show up to an event they’d been waiting for: Cursor’s first meetup in the city. More than 300 people turned out to watch a pre-recorded video of Eric Zakariasson, a San... When a powerful typhoon battered Guangzhou earlier this month, hundreds of programmers in the...

A DeepSeek advertisement in a technology store in Hong Kong. Photo via Getty.

DeepSeek’s Progress Stalled by U.S. Export Controls

By Qianer Liu and Juro Osawa · Jun 26, 2025 6:00am PDT · 4 comments

The latest round of U.S. chip export controls may have curbed DeepSeek’s rise, at least for now. DeepSeek’s highly anticipated upcoming large language model, R2, may not be as quickly and extensively adopted in China as its predecessor, the wildly popular R1, due to a shortage of Nvidia server chips in the country, according to employees of... The latest round of U.S. chip export controls may have curbed DeepSeek’s rise, at least for now....

Art by Mike Sullivan

The Great Data-Labeling Debate: Synthetic or Human?

By Stephanie Palazzolo · Jun 23, 2025 7:00am PDT

The news around data-labeling startups is stirring a debate in the industry about whether artificial intelligence developers should improve their models with cheap synthetic data (data that are generated by other AI models) or with a much smaller amount of expensive, human-labeled data via firms such as Scale or Surge.Until recently, AI... The news around data-labeling startups is stirring a debate in the industry about whether...

Art by Mike Sullivan.

DoorDash and Uber’s Behind-the-Scenes Delivery Battles

By Ann Gehan · Jun 16, 2025 6:00am PDT

A recent delivery dealmaking frenzy in Europe has kicked off a race between DoorDash, Uber and investment firm Prosus, as the three firms aim to grab more business in the already fiercely competitive market. Some of that has been playing out publicly, with a series of rapid-fire announcements. But behind the scenes, U.S. delivery archrivals... A recent delivery dealmaking frenzy in Europe has kicked off a race between DoorDash, Uber and...

‘AI Native’ Startups Pass $15 Billion in Annualized Revenue

‘AI Native’ Startups Pass $15 Billion in Annualized Revenue

By Amir Efrati · Jun 10, 2025 7:00am PDT · 1 comment

‘AI Native’ Startups Pass $15 Billion in Annualized Revenue

‘AI Native’ Startups Pass $15 Billion in Annualized Revenue

By Amir Efrati · Jun 10, 2025 7:00am PDT · 1 comment

Annualized revenue at “AI native” companies selling artificial intelligence models or apps has passed $15 billion just two and a half years since OpenAI launched ChatGPT, according to The Information’s Generative AI Database.While that’s not the same as $15 billion in actual revenue, it’s still an unprecedented haul for such a short time period... Annualized revenue at “AI native” companies selling artificial intelligence models or apps has...

Art by Mike Sullivan

Nvidia’s Biggest Chinese Rival Huawei Struggles to Win at Home

By Qianer Liu · Jun 5, 2025 6:00am PDT

Nvidia CEO Jensen Huang has in the past months repeatedly warned, in both public speeches and closed-door meetings, of intensifying competition from China’s Huawei Technologies in the market for AI chips. In reality, Huawei is having a hard time convincing some of the biggest tech companies in China to use its chips. Chinese tech heavyweights... Nvidia CEO Jensen Huang has in the past months repeatedly warned, in both public speeches and...