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Tencent’s AI compute bill outgrew its cash flow, and the fallback plan is becoming a landlord

The Next Web

TechnologyThe Next Web·Aug 12, 2026·1 min read

Tencent’s AI compute bill outgrew its cash flow, and the fallback plan is becoming a landlord

Tencent reported second-quarter revenue of 204.8bn yuan ($30.4bn) on Wednesday, up 11% and ahead of forecasts. Net profit came in at 56bn yuan against the 61.8bn analysts expected, CNBC reports. Capital expenditure rose 176% on the year to…

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