Alibaba, Tencent Disappoint Investors Hoping for Big AI Payoff
China’s twin leaders in artificial intelligence reported revenue that fell short of estimates, disappointing investors who hoped their growing spending on AI would turbocharge growth.
By Luz Ding, Zheping Huang · Bloomberg Markets
China’s twin leaders in artificial intelligence reported revenue that fell short of estimates, disappointing investors who hoped their growing spending on AI would turbocharge growth.