AI & Enterprise
Tencent shifts bets to China\'s AI leaders from DeepSeek to AI chips
Tencent is rapidly shifting its investment focus from traditional internet companies to Chinese artificial intelligence firms, investing across large language model startups, AI chips and general-purpose AI agents. It sold part of its stake in Kuaishou but joined a $3 billion funding round for Kuaishou’s Kling AI service. Tencent has backed Moonshot AI and DeepSeek, and has invested in Manus operator Butterfly Effect. It also holds stakes in Zhipu AI, MiniMax, Enflame Technology and Lightelligence.