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Tencent CEO Pony Ma Shifts Focus to AI as Gaming Faces Tough Competition, Reveals New Plans

Tencent Holding Ltd’s (OTC:TCEHY) CEO, Pony Ma, acknowledges the gaming industry’s significant challenges while highlighting progress in AI development. At Tencent’s annual meeting in Shenzhen, Ma admitted that the company had become complacent in its gaming sector, allowing competitors to release new, successful games. The company, along with peers like Alibaba Group Holding Limited (NYSE:BABA), noted a significant reduction in their external investments as the economy battled a slowdown, regul

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