At the $TENCENT(00700.HK) shareholders' meeting, Ma Huateng, Chairman of the Board and CEO of Tencent, stated that

Tencent's foundational capabilities in the AI field were not particularly strong in the early days. In recent years, through talent development, team management, and internal training, it has continuously addressed its shortcomings and is now gradually getting on the right track for development.

Ma Huateng admitted that Tencent may not be the fastest in the industry to seize opportunities, but it insists on taking the right path, combining its unique advantages to make steady progress,

"We can't just see others doing something over there and recklessly cross over to snatch their territory. We've tried that in the past and basically failed." 🤣

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