Tencent joins Canadian AI firm's $102m fundraising

The Chinese internet giant, struggling to catch the likes of Baidu in the race to harness artificial intelligence, seals deal with Element AI

Pony Ma's Tencent has joined a group of venture capital firms to invest in a Canadian artificial intelligence lab, as the Chinese social media and technology giant takes on domestic rivals in AI development.

¬ Haymarket Media Limited. All rights reserved.

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