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Cryptocurrency Market News

Alibaba, ByteDance, and Tencent still want Nvidia’s H20 AI chips despite Beijing pressure

Alibaba, ByteDance, and Tencent still want Nvidia’s H20 AI chips despite Beijing pressure

Nvidia chips remain in high demand in China despite U.S. export restrictions and pressure from the Chinese government for tech firms to rely less o...
TechNvidiaAlibabaBytedance
Sep, 04, 2025
3 min read
by CryptoPolitan
Alibaba under pressure to turn profits from its AI business in China

Alibaba under pressure to turn profits from its AI business in China

Alibaba spends heavily on AI but struggles to make strong earnings from it.
TechAlibabaDeepSeekTencent
Aug, 27, 2025
3 min read
by CryptoPolitan
Valorant Mobile becomes instant iPhone hit after strong $1M China debut

Valorant Mobile becomes instant iPhone hit after strong $1M China debut

Tencent Holdings’ Valorant Mobile debuted in China at the top of the iPhone charts with over 170K downloads, attracting $1M in player spending. Zen...
TechTencentVALORANTPUBG
Aug, 21, 2025
by CryptoPolitan
Tencent beats revenue forecasts on AI advertising and gaming growth

Tencent beats revenue forecasts on AI advertising and gaming growth

Tencent recorded a 15% year-on-year revenue increase in Q2 to 184.5 billion yuan ($25.7 billion), exceeding analysts' estimates of 3%.
DeepSeekTencentWeChat
Aug, 13, 2025
3 min read
by CryptoPolitan
Nvidia expected to return to China chip market as U.S. ease restrictions

Nvidia expected to return to China chip market as U.S. ease restrictions

Despite the April ban, Nvidia is expected to resume sales of H20 chips to China.
TechNvidiaHuaweiBytedance
Aug, 04, 2025
3 min read
by CryptoPolitan