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Tencent President Liu Zhiping: AI Investment Will Double to at Least 36 Billion Yuan by 2026

2026-03-19 News Tencent,AI Investment,Financial Results,Yuanbao

On March 18, Tencent's President Liu Zhiping outlined the company's aggressive AI strategy during the 2025 financial results call. After investing 18 billion yuan in AI R&D and new products in 2025, the budget is expected to at least double in 2026. This confidence is backed by strong financial performance, with 2025 total revenue reaching 751.77 billion yuan (up 14% year-on-year) and net profit hitting 224.84 billion yuan.

Liu specifically highlighted the success of Tencent's AI assistant 'Yuanbao' during the Spring Festival promotion, which significantly exceeded user installation targets and provided valuable experience for future market penetration. With doubled funding and integration with Tencent's massive ecosystem, the company aims to take the lead in the commercialization race for large models.

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