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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 52.8bn yuan, about $7.8bn. Free cash flow swung to an outflow of 13.8bn yuan. Those four numbers […]
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<p>Across 107 enterprises, AI infrastructure spending is accelerating well ahead of the ability to see or steer its economics. Most organizations run their AI on a familiar base of hyperscalers [...]
<p>Across 170 enterprises, AI infrastructure has moved decisively into production — two-thirds now run AI workloads live and three in 10 run them at scale — while the ability to account for [...]