Tencent Holdings is aiming for “aggressive” growth in the international cloud computing market, on the back of the growing appetite overseas for Chinese artificial intelligence (AI) models, according to a senior executive.
That sharpened focus by Tencent stems from how its overseas cloud operations have been expanding “the fastest among all [its business] segments”, with “high double-digit growth over the past few years”, said senior executive vice-president Dowson Tong Tao-sang, who serves as CEO of the Shenzhen-based firm’s Cloud and Smart Industries Group (CSIG), in an interview with the Post on Thursday.
AI was a major driver for that growth, according to Tong. “There’s a lot of opportunities” to bring Chinese open-source AI models to overseas clients, he added.
“Many of these AI-powered apps are growing very fast, so we definitely have very aggressive growth targets and we have been on track.”
“[In] some of the markets we’re looking at, they want to host large language models within their own region,” Tong said. “We have a lot of tools to help them leverage open-source models, based on our expertise and experience in implementing products around AI.”