Chelsea_Sun
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Chen Tianqiao Makes Largest Single Donation to Fudan University's New Engineering Fund“I am delighted to contribute once again to my alma mater on Fudan’s 120th anniversary... We will always remain curious, making ‘staying interesting’ a constant driving force for innovation, and ‘excellence’ an eternal goal,” said Chen.
Alibaba Stocks Sink 7.6% on Q4 Revenue and AI-Driven Cloud Earnings Miss amid Trade WarBoth sales and EBITA loss of Alibaba international commerce missed analysts' estimates. Alibaba Cloud sales beat with accelerating growth rate of 18%, but EBITDA and the margin fell short of expectation, raising concerns over the outlook weighed by the trade war.
Tencent Touts Enough GPU Stockpile for AI Model Training amid Tightening U.S. Chip CurbsTencent will first use GPUs "for the applications that will generate immediate returns for us", and the training of LLMs is the company's second priority, Martin Lau said. He said software optimization and other ways can help Tencent fulfill the expanding and growing inference needs.
Tencent Smashes Estimates with 13% Sales Rise as AI Turned into Tangible Drive for Games and AdQ1 saw "our high-quality revenue streams sustained their solid growth trajectory. AI capabilities already contributed tangibly to businesses, such as performance advertising and evergreen games," said Tencent CEO Pony Ma.
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