https://blog.lynxflow.co/en/tags/tencent/Recent content in Tencent on Lynx Tech BlogHugo -- gohugo.ioenWed, 19 Aug 2026 08:00:00 +0800https://blog.lynxflow.co/en/posts/big-tech-ai-capex-value-chain-2026/Wed, 19 Aug 2026 08:00:00 +0800https://blog.lynxflow.co/en/posts/big-tech-ai-capex-value-chain-2026/<img src="https://blog.lynxflow.co/images/big-tech-ai-capex-value-chain-2026.png" alt="Featured image of post Are Big Tech Really 'Regreting' AI? Let Me Do the Math First" />Did Chinese Tech Giants Start Regretting Their AI Bets? On August 19, a question topped Zhihu&rsquo;s hot list: &ldquo;Are Chinese tech giants starting to regret going all-in on AI?&rdquo; One of the top-voted answers nailed it: &ldquo;Regret? No. But the pain? Oh, it&rsquo;s very real.&rdquo; Tencent&rsquo;s Q2 free cash flow turned negative for the first time — minus 13.8 billion yuan. Alibaba posted a full-year free cash flow outflow of 46.6 billion yuan for FY2026. Baidu&rsquo;s AI revenue n