Tencent counts on demand for Chinese AI tools to lift overseas cloud computing business



Tencent Holdings is aiming for “aggressive” growth in the international cloud computing market, on the back of the growing appetite overseas for Chinese artificial intelligence (AI) models, according to a senior executive.
That sharpened focus by Tencent stems from how its overseas cloud operations have been expanding “the fastest among all [its business] segments”, with “high double-digit growth over the past few years”, said senior executive vice-president Dowson Tong Tao-sang, who serves as CEO of the Shenzhen-based firm’s Cloud and Smart Industries Group (CSIG), in an interview with the Post on Thursday.

AI was a major driver for that growth, according to Tong. “There’s a lot of opportunities” to bring Chinese open-source AI models to overseas clients, he added.

“Many of these AI-powered apps are growing very fast, so we definitely have very aggressive growth targets and we have been on track.”

“[In] some of the markets we’re looking at, they want to host large language models within their own region,” Tong said. “We have a lot of tools to help them leverage open-source models, based on our expertise and experience in implementing products around AI.”

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