Tencent bets on 1.4 billion user WeChat empire to get ahead in China's AI race

China has not released specific regulation around non-fungible tokens. But technology platforms like Tencent's WeChat are taking a cautious approach to prevent speculation with NFTs. During a Wednesday earnings call, the Shenzhen-headquartered firm was asked about "agentic AI" — the current obsession of companies around the world. Tencent executives think this will give it an edge in China's intensely competitive field of artificial intelligence, where tech giants are spending billions of dollars to get ahead. It has 1.4 billion monthly users and is the main messaging service in the country. But it is more than just a way to chat with friends and family. WeChat is often dubbed a super-app because, within the program, you can access many different features like mobile payments and services, such as gaming, booking flights and even paying utlity bills. While various companies have differing takes on the phrase, it is broadly understood to refer to AI designed to carry out tasks on be ... Read full article.