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Tencent's Ma Acknowledges AI Lag Amid New Year Address

2/22/2026

30 6 Full Breakdown

Summary

Story summary

Pony Ma, CEO of Tencent Holdings Ltd., addressed 115,000 employees at the Shenzhen Bay Sports Centre during a New Year party.
Ma admitted Tencent was slow to act on artificial intelligence (AI).
The remark highlighted the gap with rapid global AI progress.
Alibaba discusses its AI investments while Tencent focuses on quarterly results.
Tencent reported 13 billion yuan (US$1.88 billion) in capital expenditure in the last quarter.

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Story summary

Pony Ma, CEO of Tencent Holdings Ltd., addressed 115,000 employees at the Shenzhen Bay Sports Centre during a New Year party.
Ma admitted Tencent was slow to act on artificial intelligence (AI).
The remark highlighted the gap with rapid global AI progress.
Alibaba discusses its AI investments while Tencent focuses on quarterly results.
Tencent reported 13 billion yuan (US$1.88 billion) in capital expenditure in the last quarter.