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At its 2026 Q2 earnings call, Tencent Chief Strategy Officer James Mitchell said domestic token prices for the company’s AI cloud business are low but token production costs are far lower than market expectations, allowing the token business to remai

2026-08-12

At its 2026 Q2 earnings call, Tencent Chief Strategy Officer James Mitchell said domestic token prices for the company’s AI cloud business are low but token production costs are far lower than market expectations, allowing the token business to remain gross-margin positive. He said WorkBuddy’s paid-user gross margin and margins on Tencent’s model services are already comparable with Tencent Cloud overall. WorkBuddy’s aggregate margin is lower because Tencent is subsidizing free users to grow share, but the paid cohort is generating healthy gross margins.

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2026-08-13

Russian Defense Ministry: Russian forces launched nighttime attacks on Ukrainian military and port infrastructure in the ports of Lyny and Izmail along the Danube River.

Russian Defense Ministry: Russian forces launched nighttime attacks on Ukrainian military and port infrastructure in the ports of Lyny and Izmail along the Danube River.
2026-08-13

A Reuters survey shows that more than 80% of Japanese companies use artificial intelligence only partially or not at all.

A Reuters survey shows that more than 80% of Japanese companies use artificial intelligence only partially or not at all.
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