Tencent to invest billions in digital technologies

A month after Beijing called for a technology-centric upgrade of the Chinese economy, Tencent has said it will invest $70 billion (500 billion yuan) in a range of new technologies including cloud computing, cybersecurity and AI.  

The company will also reportedly invest in sectors like blockchain, servers, Big Data, supercomputer centres, IoT, 5G and quantum computing. 

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