The Chinese Internet giant Tencent reported on Wednesday a better than expected increase in income from the first quarter, powered by the growth of the game as the company's strategic will in artificial intelligence is deepened.
Tencent, based in Shenzhen, is the operator of the Chinese multifunctional application WeChat and a major player in the world game industry.
The company is also present in Cloud Computing, Entertainment and AI, the latter has experienced a boost of interest among the giants of Chinese technology after the release of Deepseek chatbot shock this year.
Tencent's revenues within three months closed on March 31 were 180.0 billion yuan ($ 25.0 billion), showed a file on the Hong Kong Stock Exchange, up 13% compared to the same period last year.
The figure came slightly higher than a Bloomberg estimate of 175.7 billion yuan.
In a sales ventilation, Tencent said that national games have increased by 24% in annual sliding, while international games experienced a 23% increase.
Net profits also drawn a moderate increase in the first quarter, shown the results, jumping from 14% in annual shift to 47.8 billion yuan.
“AI's abilities have already contributed in a tangible way to our businesses, such as advertising on performance and persistent leaf games,” the firm said in a press release.
Tencent added that he had increased spending on “new IA opportunities”, including the integrated features of the WeChat application.
Chinese technology giants have channeled the resources in the competitive field of AI since the release of the Deepseek chatbot in January.
The little-known Chinese company has caused global agitation because it seemed to have developed the chatbot to a fraction of the price of Western industry leaders such as the United States OPENAI.
This year has started to test its own AI model which, according to him, can exceed Deepseek.
Tencent was one of the technological companies taken in a radical national repression that started in 2020, officials calling for the massive and planned list of the company Fintech linked to the Alibaba Ant Group.
Beijing has reported renewed conviviality towards technological companies in recent months, but large restrictions on access to video games for minors are still held.
This story was initially presented on Fortune.com
