Tencent, China's most valuable company, reported second-quarter sales growth of 11% on the year to 204.8 billion yuan ($30.3 billion), beating the median estimate of 201.8 billion by LSEG. The results were driven by robust AI-enhanced advertising, according to the article. The company's Hy3 model is rapidly gaining users, indicating more success in commercializing its AI than expected. Additionally, the desktop agent WorkBuddy is emerging as a bright spot for the Chinese company.