Pony Maco-founder and CEO of the Chinese Tencent, spoke at the annual meeting about the company’s uncertainty in the field of games or the implementation of artificial intelligence. The information was provided by Reuters.
Video games remain the Chinese giant’s strongest business, accounting for about a third of total sales. Although for the first nine months of 2023 Tencent’s gaming division earned more than $21 billionno satisfaction with the company’s management.
“Games are our flagship… However, last year we faced serious problems. We are confused, our competitors are constantly developing new products, and we feel like we have achieved nothing,” Ma said.
He also focused on the area of artificial intelligence, where he said Tencent had managed to catch up with competitors. In the near future, the company wants to focus on improving and implementing its own technology. Hongyuan.
Tencent did not stop investing in game studios last year. In addition to minority shares, he bought, for example, a Polish studio. Techland. It, like other Chinese companies, was hit earlier this year by stricter regulations that the Chinese government later relaxed.
Source :Indian TV
