Alibaba, Tencent Investors Look Past Slow Growth to AI Potential

kept by eddie may 14

Alibaba posted its first operating loss since 2021 partly from AI spending, yet shares still rose 8% in Hong Kong as investors focused on AI growth potential.

Tencent’s Revenue Miss Heightens Pressure for Faster AI Payoff
Tencent posted its weakest revenue growth in six quarters, rising 9% to 196.5 billion yuan, intensifying investor demands for faster returns from AI.
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Tencent Says China’s AI Chip Crunch Is Easing, Plans to Spend More
Tencent states that China's shortage of AI chips is lessening and intends to boost its capital expenditure.
also on Tencent, #china
Alibaba’s A.I. Is a Hit, but Hard to Turn Into a Moneymaker
Alibaba's open-source AI models gain global developer traction but struggle to generate revenue since they can be freely used and modified.
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Something is afoot in the land of Qwen
Alibaba's Qwen team lead Junyang Lin and several other key researchers resigned, potentially losing the team behind the impressive open-weight Qwen 3.5 models.
also on Alibaba, #china, #business-strategy, #ai
The Squishy Number Behind the Rise and Fall of Oracle’s Stock - WSJ
Oracle's stock surge was driven by a spike in remaining performance obligations, a squishy metric investors now doubt amid AI sector circular-deal concerns.
also on #investing, #business-strategy, #ai