The AI Daily Brief · Thursday, August 13, 2026
Tencent has significantly increased its capital expenditure on AI infrastructure, spending $7.8 billion in the last quarter to boost its training and inference capabilities. This move reflects a broader trend of Chinese tech giants scaling up data center construction to match US hyperscalers, though China's AI buildout is noted to be several months behind.
“Meanwhile, the infrastructure boom is also coming to China as 10 cent has tripled their cap backs.”
“10 cent reported that they spent $7.8 billion on AI infrastructure in the past quarter, boosting their training and inference fleet.”
“During an earnings call on Wednesday, Chief Strategy Officer James Mitchell said, we are allocating a very substantial portion of new compute to our own models and applications.”