Key facts
- Tencent Holdings Ltd. is shifting its AI strategy to focus on enterprise businesses.
- The move follows comments by founder Pony Ma describing the company's AI efforts as a "leaky ship".
- Tencent has struggled to compete with rivals like DeepSeek in the post-ChatGPT era.
Tencent Holdings Ltd. is pivoting its artificial intelligence strategy to prioritize enterprise clients, a move spearheaded by executive Dowson Tong. This strategic shift comes after founder Pony Ma publicly characterized the company's AI initiatives as a "leaky ship" during the summer. The social media and gaming giant has faced challenges keeping pace with competitors such as DeepSeek in the rapidly evolving post-ChatGPT landscape.