China has been pushing the development of 'new infrastructure' which includes the development of technology like 5G and artificial intelligence. Tencent's investment will bolster that effort.
Chinese technology giant Tencent will invest 500 billion yuan over the next five years in areas from cloud computing to artificial intelligence.
China has been pushing the development of "new infrastructure" which includes the development of technology like 5G. Tencent's investment will bolster that effort. Tencent's investment plans would bolster competition with China's other technology giants from Alibaba to Baidu in emerging technology areas.Omar Marques | SOPA Images.| LightRocket | Getty Imageswill invest 500 billion yuan over the next five years in areas from cloud computing to artificial intelligence, a move boosted by Beijing's calls to push digital infrastructure., said on Monday it would issue up to $20 billion of new bonds to professional investors to raise capital.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Tencent to invest $70 billion in 'new infrastructure'The announcement comes after call by Beijing last month for a tech-driven structural upgrade of the world's second-largest economy through investment in 'new infrastructure' .
Lire la suite »
Tencent to invest $70 billion in 'new infrastructure'The announcement comes after call by Beijing last month for a tech-driven structural upgrade of the world's second-largest economy through investment in 'new infrastructure' .
Lire la suite »
Tencent plans to sell billions of dollars in bonds globallyChinese social media and gaming giant Tencent Holdings is testing the market's appetite for a U.S. dollar bond deal it plans to offer, according to a term sheet reviewed by Reuters.
Lire la suite »
In $16 Billion Push to Expand Broadband, America Is Flying Through a FogThe Federal Communications Commission is set to move forward with an October auction to fund internet-providers’ expansion of high-speed service in rural areas, despite faulty data on where gaps exist.
Lire la suite »
German chipmaker Infineon raises 1.06 billion euros with capital increaseGerman chipmaker Infineon Technologies raised about 1.06 billion euros ($1.16 billion) by issuing new shares to partially finance its $10 billion acquisition of U.S.-based Cypress Semiconductor, it said on Tuesday.
Lire la suite »