Home › Tencent raises USD 6 bln in bond offering, pledges investment of USD 70 bln into cloud, AI, cybersecurity
 

Keywords :   


Tencent raises USD 6 bln in bond offering, pledges investment of USD 70 bln into cloud, AI, cybersecurity

2020-05-29 15:43:00| Telecompaper Headlines

(Telecompaper) The company has pledged to invest USD 70 billion into new infrastructure over the coming five years, Reuters noted, citing a statement to state media by company SVP Dowson Tong. The money will go into cloud computing, artificial intelligence and cybersecurity, and namely in blockchain, servers, big data centres, supercomputer centres, IoT operating systems, 5G networks and quantum computing.

Tags: investment offering usd bond

Category:Telecommunications

Latest from this category

All news
28.01Effective Housekeeping With Rackspace Managed Snapshot Cleanup
20.01Redefining Detection Engineering and Threat Hunting with RAIDER
Telecommunications »
30.01Retail price index rose by 2.8% in 2025
30.01U.S., Mexico kick off USMCA review talks
30.01'We hope it's not the end': Firm behind Prince George's baby shoes warns it may close
30.01Who is Kevin Warsh, Trump's pick for Fed chair?
30.01How Guest Dragon Jenna Meek likes to do business
30.01Three ways to be more profitable making hay
30.01Smiths and Joneses meh on imports
30.01Winter weather hits cattle producers hard
More »