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TENCENT's Vice President: 'Hundred Lobster Battle' Necessary Stage; Domestic AI's Advantage Ultimate Cost-Effectiveness
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Sam Li, Vice President and President of Government and Enterprise Business at TENCENT (00700.HK), said that, this year, the growth of Tencent Cloud will mainly come from three major core engines, naming AI, international expansion and localization, according to The Paper. Li admitted that the Agent segment related to 'lobsters' is just getting started. Whenever a topical event emerges, a large number of participants will appear, from the previous 'hundred model battle' to the current 'hundred lobster battle', which is an inevitable stage of industry development. As the industry develops, the market will eventually concentrate on leading companies that truly focus on products, possess strong technical capabilities, and have continuous capital investment and computing power support, he noted. TENCENT is confident in maintaining its position in the industry's top tier. Regarding the good sales of domestic AI companies like Token overseas, Li added that, the core is ultimate cost-effectiveness. 'Made in China' has proven its worth, and in the future, China's cloud services will also achieve rapid growth in overseas markets thanks to their superior product strength and cost-effectiveness. Currently, the European market has become a key growth pole for Tencent Cloud's global expansion. AASTOCKS Financial News Website: www.aastocks.com |
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