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Tencent’s 2026 Q2 results show new AI products — Hunyuan, Yuanbao, WorkBuddy, CodeBuddy and XiaoWei — reduced non‑GAAP operating profit by CNY10.5bn, a marked increase from Q1. President Liu Zhiping said investment allocations are highly dynamic: Ten

2026-08-12

Tencent’s 2026 Q2 results show new AI products — Hunyuan, Yuanbao, WorkBuddy, CodeBuddy and XiaoWei — reduced non‑GAAP operating profit by CNY10.5bn, a marked increase from Q1. President Liu Zhiping said investment allocations are highly dynamic: Tencent will be cautious until it sees a clear breakout, then scale up spending. He said WorkBuddy is currently prioritized due to explosive growth, lowering priority for other AI projects. Liu added economic benefits should emerge over time and the company could switch to a compute‑rental model — which he said would be profitable — as a fallback, giving Tencent confidence.

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2026-08-12

In its latest earnings call, Pinterest stated that in its actual business, such as Pinterest Assistant, the company's use of open-source models combined with its own proprietary data for post-training has resulted in performance superior to third-par

In its latest earnings call, Pinterest stated that in its actual business, such as Pinterest Assistant, the company's use of open-source models combined with its own proprietary data for post-training has resulted in performance superior to third-party closed-source models in certain scenarios. More importantly, the cost per transaction is less than 8% of comparable closed-source proprietary models. This case illustrates that the decline in enterprise AI costs does not necessarily depend on a drop in the price of underlying GPUs or computing power, but may stem from changes in model selection and customization methods. Enterprises can use lower-cost open-source models and then post-train them using their own data, rather than having all tasks call more expensive, cutting-edge closed-source models. This aligns with the recent trend of enterprises reducing token expenditures through intelligent routing: with an increasing number of AI models, what enterprises truly need to optimize is "which model is worth using for which task." If this model expands, the volume of AI applications can continue to grow, while the unit inference cost may not increase proportionally.
2026-08-12

Al Arabiya cited sources saying Pakistan is actively mediating to extend the 60-day ceasefire agreed under the US‑Iran memorandum of understanding. Mediators say they need more time to resolve remaining differences between Tehran and Washington; Paki

Al Arabiya cited sources saying Pakistan is actively mediating to extend the 60-day ceasefire agreed under the US‑Iran memorandum of understanding. Mediators say they need more time to resolve remaining differences between Tehran and Washington; Pakistan is reportedly supportive.
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