Tencent to inject five-year RMB500 billion for New Infrastructure

Tang Daosheng, president of Tencent Cloud and its Smart Industry Business Group, announced today that Tencent will invest RMB500 billion in the next five years for the further developments of new infrastructure.

Tang Daosheng, president of Tencent Cloud and its Smart Industry Business Group, announced today that Tencent will invest RMB500 billion in the next five years for the further developments of new infrastructure.

According to reports, cloud computing, artificial intelligence, blockchain, servers, large data centers, supercomputing centers, IoT operating systems, 5G networks, audio and video communications, network security, quantum computing, etc. will all be Tencent’s key investment areas.

Among them, in terms of data centers, Tencent will successively build multiple large-scale data centers with a scale of one million servers across the country.

Source: IT168

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/27/tencent-to-inject-five-year-rmb500-billion-for-new-infrastructure/.

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