Tencent reports strong profits and plans major AI push

Chinese tech giant Tencent reported a 16% jump in its annual net profit, with its core businesses like video games and its WeChat platform performing well. The company said its early investments in artificial intelligence are already paying off.

Tencent is now planning to significantly increase its AI spending in 2026. A key part of this push is developing an 'AI agent' for its WeChat app, designed to help users with practical, everyday tasks.