The deal, unveiled this week, includes a $1.25 billion investment from Tencent for a 25% minority stake in the new subsidiary. The subsidiary will also have its own board of directors and a ...

Tencent Holdings Ltd. unveiled an upgraded AI reasoning model, the latest bid by China’s most valuable company to compete for leadership in the country’s crowded artificial intelligence field.

Deutsche Bank upgraded Tencent Music (TME) to Buy from Hold. Easily identify stocks' risks and opportunities. Discover stocks' market position with detailed competitor analyses. Published first on ...

Ubisoft’s Assassin’s Creed, Rainbow Six, and Far Cry franchises are now part of a separate company, jointly owned by Tencent. Thanks to the rather dismal 2024 that Ubisoft had, the company was ...

The separate entity is funded by a $1.25 billion investment (a 1.16 billion transaction in euros for the France-based Ubisoft) from gaming company Tencent, which will take a minority stake in the ...

Chinese tech giant Tencent has officially launched the T1 reasoning model, intensifying the competition in China’s fast-evolving artificial intelligence landscape. Unveiled late on Friday via ...

There’s been a lot of chatter about the state of Ubisoft and the company’s future, and Tencent’s name has been floated as a potential suitor should the Assassin’s Creed developer ever ...

The agreement with Tencent follows Ubisoft exploring and assessing different strategic options as announced earlier in 2025. After careful consideration of several expressions of interested from ...

As previously reported, Deutsche Bank upgraded Tencent Music (TME) to Buy from Hold with a price target of HK$69, up from HK$51, after the company concluded “a robust FY24.” The firm expects ...

March 27 (Reuters) - French videogame maker Ubisoft (UBIP.PA), opens new tab said on Thursday it has set up a subsidiary in which China's Tencent (0700.HK), opens new tab will invest 1.16 billion ...

The French videogame company said Thursday that the deal with Tencent values the newly formed subsidiary at an enterprise value—including debt—of €4 billion.

This new reorganization has been looking for funding since earlier this year, and after what they call a “competitive selection process” they have chosen Tencent to take a 25% minority stake ...