Tencent (700 HK) bets on OpenClaw to make up for lost ground in the China AI battle, The Information reports
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US and Israel attacked Khuzestan Steel and Mobarakeh Steel in Isfahan, Mehr News reports
US intelligence shows about 1/3 of Iran's missiles destroyed in US strikes with certainty, according to reports; another third of Iran's missiles likely damaged, destroyed or buried underground by strikes since Feb. 28 start of war
Tencent (700 HK) bets on OpenClaw to make up for lost ground in the China AI battle, The Information reports
Iranian Security Assistant for Khuzestan Province says "An aggression targeted the Khuzestan Steel Industries Company a short while ago and relief operations continue", Al Mayadeen reports
XPS (XPS LN), the pensions consultant, said a small number of clients needed to meet cash calls on LDI positions this month, Reuters reports; but, the market is operating normally.
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Context
Tencent's strategic investment in OpenClaw highlights its proactive approach to regain competitiveness in the China's AI sector. This move could bolster Tencent’s portfolio and potentially lead to synergies with its existing services, but it's essential to assess how it compares to rival initiatives in the fast-evolving space.
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