Leaked speech: Tencent's Pony Ma admits company is late on AI as the wave crashes in
teortaxesTex · x · 2026-11-12
A leaked transcript of Pony Ma's speech at Tencent's annual meeting reveals deep AI anxiety. Citing Google, he noted that people first thought AI would hit search hard but assumed Google could hold — "looking again this year, the wave really has come crashing in" — and admitted Tencent is "already a bit late" on AI.
Key points:
- Defend core businesses but move to higher ground now: "shift from land warfare to naval warfare."
- Flatten the organization, test skill transferability fast; use half the team to hold the line and the other half to fight the new campaign.
- Be decisive in empowering those who adapt, without first negotiating titles and positions.
Commenters called it a rare "live player" speech and suggested Tencent's best bet is accelerating DeepSeek.
More from Companies & People
- Blogger: Digital-Employee SaaS Vendors Can't Build Good Products If They Don't Use Them Themselves — gefei55 · 2026-11-12
- Nvidia board reportedly working with outside firm to find Jensen Huang successor — kimmonismus · 2026-11-12
- Jensen Huang on Nvidia succession: 'the next CEO has to be hired, and I like it that way' — ns123abc · 2026-11-12
- VC defends Jensen Huang: a founder who built Nvidia for 30 years has earned the right to keep leading — saranormous · 2026-11-12
- Ming Chi Kuo: Huang is irreplaceable to Nvidia; Rubin mass production slips to 2027 on HBM4 — zephyr_z9 · 2026-11-12
- 20VC: Nvidia board probes Jensen Huang, Anthropic eyes $1.4TRN IPO valuation — 20VC · 2026-11-12