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The Nexus
BUSINESSMay 8 · 02:41 UTCBLOOMBERGSrinidhi Ragavendran, Rachel Yeo, Harshita Swaminathan

Tencent, Alibaba Face Slowing Growth as AI Costs Mount

Tencent and Alibaba are facing slowing growth due to increasing AI costs. The two companies are major players in the Chinese tech industry. Their growth is being hindered by rising expenses related to artificial intelligence.

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