Tencent Holdings: AI capabilities have made a substantial contribution to the effectiveness of advertising and longevity games.

Tencent Holdings announced that in the first quarter of 2025, high-quality revenue maintained a solid growth momentum in business review and outlook. The AI capabilities have made substantial contributions to performance advertising and the longevity game business. Tencent has also increased its investment in new AI opportunities such as Yuanbao applications and AI within WeChat. In the phase of AI strategic investment, the operational leverage brought by the existing high-quality revenue will help absorb the additional costs generated by these AI-related investments and maintain financial stability. Tencent expects that these strategic AI investments will create value for users and society, and generate long-term and substantial incremental returns.