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Tencent Cloud Drives AI Adoption to Cultivate the Greater Bay Area’s Next Generation of Digital Talent

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Through AI platform tools such as CodeBuddy and WorkBuddy, Tencent Cloud is helping young people build their own “future teams”, unlock their innovation potential, and seize opportunities in the AI era

HONG KONG, Aug. 10, 2026 /PRNewswire/ — Tencent Cloud, the cloud business under Tencent, highlighted at the 8th Guangdong-Hong Kong-Macao Greater Bay Area Youth New Opportunities Forum, how artificial intelligence (AI) is helping cultivate a new generation of innovative talent, entrepreneurs and future leaders, supporting young people in seizing the Greater Bay Area’s development advantages and exploring greater possibilities in the AI era.

Organized by the Institute of Accountants Exchange, the forum brought together leaders from government, business, academia and the professional sectors, together with young talent from across the Greater Bay Area, to explore future trends in the region, discuss directions for youth development, and work together to build a better future of innovation.

“AI is profoundly transforming how the next generation learns, creates and leads,” said Freda Xu, Vice President of Marketing, Tencent Cloud and Smart Industries Group. “As AI agents and intelligent productivity tools mature, work that once required large teams or years of experience is becoming increasingly accessible. These tools free people from repetitive and time-consuming tasks so they can focus on higher-value work such as analysis, judgment and decision-making, while giving young people the opportunity to gain hands-on experience earlier in their careers. We believe AI is more than a tool for improving efficiency. It is also an important partner in driving innovation and nurturing future leaders. By harnessing AI technologies, young people can build their own ‘future teams’, unlock their creative potential, develop leadership and collaboration skills, and confidently embrace the new opportunities presented by the digital era.”

AI Adoption Accelerates: From Individual Innovation to Organizational Empowerment

As AI moves from proof-of-concept to real-world application, AI-driven tools are breaking down traditional technical barriers at an unprecedented pace, freeing innovation from the constraints of professional background. Tencent Cloud’s proprietary AI-assisted coding tool, CodeBuddy, is a case in point: originally built for engineers, it has since been adopted by more than 10,000 Tencent employees without a technical background, reflecting how AI is extending from professional coding into a far broader range of roles. This shift is significantly enhancing the practical capabilities of the younger generation. Even without deep programming expertise, young people can use AI to rapidly transform ideas into fully functional applications, helping them gain hands-on experience earlier in their careers, realize their innovative potential, and increasingly make AI an important partner in their personal and professional development.

Beyond coding, AI’s impact on everyday office work is equally significant, helping talent move from individual efficiency gains to organization-wide value creation. Tencent Cloud’s leading desktop AI agent, WorkBuddy, acts as a “digital colleague” — helping users handle time-consuming tasks such as research, data analysis and cross-platform operations, so they can focus on higher-value decision-making and significantly boost overall productivity.

This empowerment extends further to the organizational level. Through WorkBuddy, users can organize proven workflows and professional experience into dedicated ‘Skills’ and share them across a team. This not only improves team collaboration, but also turns individual professional know-how into a digital asset the organization can build on — helping companies retain institutional knowledge and pass on experience even as talent moves on.

This trend, where individual empowerment drives team-wide transformation, is also supported by market data. According to research firm Grand View Research, the global AI agent market is projected to grow from US$7.63 billion in 2025 to US$182.97 billion by 2033, at a compound annual growth rate (CAGR) of 49.6%. In China, adoption is expected to exceed 90% by 2030, underscoring how quickly the technology is being woven into business operations and everyday workflows, and positioning it as a key engine of industry innovation and productivity gains ahead.

Advancing AI Talent Development in the Greater Bay Area

Speaking at the forum, Xu described the opportunities available to Greater Bay Area youth today as an “exceptional set of advantages” for success. She noted that as global AI technology advances rapidly, young people in the Greater Bay Area also benefit from an internationally-connected legal and business environment, a globally-connected financial system, and a mature professional services ecosystem across the Asia-Pacific region — opening up greater room for growth.

She emphasized that amid the new landscape brought about by technological change, what truly matters is not the technology itself, but the ability to use it to create value. Capabilities such as international perspective, business acumen and strategic thinking, along with responsibility, collaboration and empathy, remain core strengths that AI cannot replace.

Meanwhile, Tencent Cloud continues to promote AI skills development among young talent across the Greater Bay Area through a diverse range of initiatives, including educational partnerships and developer programs, while encouraging young people to address social issues through technological innovation. This year, Tencent Cloud launched the Tencent Cloud Hackathon developer challenge series, featuring themes such as support for individuals with high-functioning autism, silver technology, and game creation. The competition encourages young people to leverage AI tools including CodeBuddy, WorkBuddy and Miora to express their creativity through games, animation and AI agents, while transforming innovative ideas into practical solutions with real-world impact.

The competition spans Chinese Mainland, Hong Kong and Macau SARs, as well as Southeast Asia, attracting more than 10,000 developers from around the world and generating over 1,000 innovative submissions. The strong participation highlights the younger generation’s potential to harness AI to solve real-world challenges and drive innovation.

Among the participating regions, the Hong Kong and Macau Demo Day and judging event will be held on August 18 at Inno Space in Hong Kong. Winning teams from the Hong Kong and Macau region will advance to the Tencent Cloud Hackathon Global Grand Final, where they will exchange ideas and learn from fellow young innovators and technology talent from different regions, showcasing the Greater Bay Area’s strengths in AI innovation and digital creativity.

As the Greater Bay Area continues to strengthen its position as a world-class innovation hub, Tencent Cloud will continue working with partners across education, the developer community, enterprises and society to help more young people seize opportunities in the AI era and make a greater impact on the global stage. At the same time, Tencent will continue investing in AI development and refining its AI ecosystem, leveraging core technologies such as the Tencent Hunyuan large model to provide developers and the next generation of innovative talent with more comprehensive models, platforms and infrastructure — jointly driving innovation and nurturing more outstanding talent.

About Tencent Cloud

Tencent Cloud is one of the world’s fastest-growing cloud service providers, committed to delivering innovative solutions that address everyday life and business challenges, and empowering the digital transformation of smart industries. Tencent Cloud has always upheld its mission to meet the needs of every industry, leveraging cloud computing, Big Data analytics, AI, IoT and cybersecurity, together with its extensive global infrastructure, to provide businesses with stable, secure and industry-leading cloud products and services across a wide range of sectors, including education, finance, healthcare, gaming, media and entertainment, property, retail, travel and transportation.

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SOURCE Tencent Cloud

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Gamehaus Announces Strategic Shift Toward AI-Generated Content

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Company to Concentrate Resources on Generative Content Tooling and the Creator Ecosystem; Existing Casual Game Portfolio to Be Managed for Cash Flow and Profitability

SHANGHAI, Aug. 12, 2026 /PRNewswire/ — Gamehaus Holdings Inc. (Nasdaq: GMHS) (“Gamehaus” or the “Company”), a technology-driven mobile game publisher, today announced a shift in its strategic focus toward artificial intelligence(“AI”)-generated content. Under the revised strategy, the Company will progressively optimize its third-party publishing business in casual titles, and in particular in the social casino category, and will direct its resources toward the development and distribution of AI-generated content.

In connection with this shift, the Company has begun managing its existing portfolio of casual and social casino titles on a cash flow- and profitability-oriented basis, with user acquisition and operating expenditure allocated according to return on investment rather than scale of installed base. This approach took effect during the current quarter and applies across the existing game portfolio.

The strategic shift reflects both the Company’s assessment of structural conditions in the casual publishing market and its view of the opportunity presented by generative technologies. In the casual category, user acquisition economics have been reshaped in recent years by several converging factors: the contraction of addressable audiences in mature markets, the reduction in attribution and targeting signal available to advertisers on major mobile platforms, and sustained competition for paid media inventory. Together, these factors have compressed the margin available at the publishing layer of the value chain. At the same time, the Company believes that generative technologies are altering the cost structure of content production itself — shortening development cycles, lowering the marginal cost of producing and iterating on content, and, most significantly, broadening the range of participants able to produce content at all.

Gamehaus intends to move into the content creation process by developing AI-based content generation tools and making them available to third-party creators, including game developers. These tools are designed to support content creation by both internal teams and external creators, and the Company ultimately expects its AI-powered content generation capabilities to enable a broader creator ecosystem to drive content production. The Company also expects to maintain a small-scale in-house development and testing function, principally to validate and refine its tools. The intended principal driver of content supply under this strategy is the creator economy those tools are designed to enable.

The Company’s initial focus within AI-generated content is casual mobile games. Earlier this year, Gamehaus completed a minority equity investment in a promising early-stage studio focused on AI-driven game generation, whose work includes AI-assisted art, asset and level generation pipelines for casual game content. The Company intends to leverage AI-powered content creation capabilities of this kind and combine them with its existing publishing infrastructure, user acquisition platform and live-operations function, which together serve a global user base across major mobile app stores.

Over time, the Company intends to position itself as an AI-enabled content generation and distribution platform. Gamehaus believes that the applicability of AI-powered generative tools is not limited to casual games, and that comparable changes in production economics are emerging in short-form animated drama and in interactive formats that combine short-form drama with gameplay. The Company is evaluating opportunities in these areas and will provide further information if and when there is a material development to report.

“We are choosing to build the Company around where content value is being created, rather than defending a position in a part of the value chain that is structurally narrowing,” said Mr. Yimin Cai, Chief Executive Officer of Gamehaus, “That means running our existing portfolio for cash flow and returns rather than for scale, and putting our resources behind the tools that let creators produce content. We do not think the winning position here is to make everything ourselves. We think it is to give a large number of creators the ability to make things they could not make before, and to distribute what they make.”

About Gamehaus

Gamehaus Holdings Inc. is a technology-driven global mobile game publisher dedicated to bridging creative studios and players worldwide. With a portfolio spanning mid-core and casual games, Gamehaus delivers full-stack publishing support across market insights, user growth, live-ops, data analytics and monetization optimization. With a vision to be the go-to partner for creative teams, the Company specializes in combining global publishing reach with AI- and data-powered solutions to help partners build lasting success. As part of its strategic evolution, the Company intends to increasingly focused on AI-generated content to enable scalable content production across a broad ecosystem of creators and game developers. For more information, please visit https://ir.gamehaus.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company’s business plan and outlook. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may”, or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results due to various risks and uncertainties, including but not limited to those described under the “Risk Factors” section in the Company’s annual report on Form 20-F filed with the U.S. Securities and Exchange Commission.

Investor Relations Contact

Gamehaus Holdings Inc.
Investor Relations Team
Email: IR@Gamehaus.com

The Blueshirt Group
Mr. Jack Wang
Email: Gamehaus@TheBlueshirtGroup.co

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SOURCE Gamehaus Holdings Inc.

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NGP VAN Launches NGP VAN Interface, Bringing Agentic AI to Democratic and Progressive Campaigns Ahead of Midterm Elections

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WASHINGTON, Aug. 12, 2026 /PRNewswire/ — Today, NGP VAN, the leading technology provider for Democratic and progressive campaigns, announced the launch of NGP VAN Interface, the most powerful Model Context Protocol (MCP) solution purpose-built for Democratic and progressive campaigns, nonprofits, unions, PACs, and advocacy organizations. As organizations look to adopt AI, many face a fundamental challenge: how to do so without compromising the security of their most valuable data. NGP VAN Interface addresses that challenge by providing a secure connection between AI tools and trusted NGP VAN platforms, enabling natural language workflows while preserving the permissioning, authentication, and security campaigns depend on. With NGP VAN Interface, the Democratic and progressive movement’s leading organizing and fundraising platform will be accessible to AI tools, unlocking major efficiencies ahead of the midterm elections. As part of the launch, NGP VAN is also investing in its first Forward Deployed Engineers, who will work directly with clients and partners to help campaigns integrate AI into their operations, accelerate adoption of these new capabilities and give campaigns every advantage possible heading into this fall’s elections..

For decades, NGP VAN has powered the organizing, fundraising, and voter outreach efforts behind Democratic and progressive victories. As campaigns increasingly adopt AI to streamline operations and improve productivity, NGP VAN Interface provides a new way to securely bring those capabilities into the systems that natively house campaign data.

Until now, users have primarily interacted with NGP VAN through its web applications, APIs, and data products. Interface introduces a fourth interaction layer designed specifically for AI-powered assistants and automated workflows. The new platform includes an open-source Command Line Interface (CLI) that simplifies interactions with NGP VAN APIs, an MCP server with purpose-built authentication and permission controls for AI applications, and a proof-of-concept turnkey integration with Anthropic’s Claude.

Together, these capabilities enable users to complete common tasks through natural language prompts rather than navigating multiple interfaces or writing code, creating major new efficiencies for campaigns. NGP VAN Interface also supports an innovative new authentication model that enables workflows to run across multiple NGP VAN databases from a single user account and a single command, eliminating the need to switch between products or committees or to manage multiple API connections.

Several early partners are already using Interface to prototype AI-powered organizing and fundraising workflows ahead of the midterms and in preparation for the 2027-2028 election cycles, helping campaign staff automate repetitive administrative work and spend more time organizing supporters, engaging donors, and reaching voters.

“For more than 25 years, NGP VAN has built the tools that power the Democratic and progressive ecosystem,” said Chelsea Peterson Thompson, General Manager of NGP VAN. “Our mission has always been to put the best tools in the hands of our clients so they can make data-driven decisions and elect more Democrats up and down the ballot. NGP VAN Interface gives organizations a secure way to connect AI tools directly to their data in NGP VAN’s platforms. We understand that change requires investment and resources to support this exciting work across the ecosystem; we are investing in our first Forward Deployed Engineers to embed directly with our clients to build the next generation of skills necessary to win the critical elections ahead. As campaigns and organizations continue evaluating and adopting AI, we’re committed to ensuring the progressive movement has access to cutting-edge capabilities built with the privacy, governance, and environmental sustainability our mission demands.”

“In my time working with campaigns, I’ve seen organizers and finance staff do extraordinary things with limited resources and tight timelines,” said Sunil Sadasivan, Vice President of Engineering at NGP VAN. “I’ve spent my career helping teams work smarter, not harder – and the new wave of AI capabilities is the biggest leap on that front I’ve seen. What we believe at NGP VAN is that AI should meet campaigns where their data already lives. NGP VAN Interface gives AI tools a direct, purpose-built connection to our platforms, so the teams we work with can put these capabilities to work on the things that actually win — organizing, fundraising, and turning people out.” 

NGP VAN Interface is currently in closed beta. NGP VAN is actively seeking two types of partners: campaign and organizational users ready to put natural language AI workflows to work in NGP VAN’s platforms this cycle, and agencies and technology builders interested in co-developing agentic skills on top of Interface’s capabilities.

To learn more and apply for access, visit ngpvan.com/solutions/interface.

About NGP VAN
NGP VAN is the winningest technology platform in the history of democratic and progressive causes, working tirelessly to innovate and advance the technology our clients rely on to bolster our democracy. A proud unionized employer, we help power the trailblazers, campaigners, and advocates fighting up and down the ticket for equality, racial justice, reproductive freedom, democracy, climate reform, and more—including the national Democratic committees and progressive organizations, thousands of Democratic campaigns, hundreds of labor unions, advocacy organizations, progressive and non-partisan PACs, and other organizations.

Press Contact:
Simone Hassan-Bey
NGP VAN
press@ngpvan.com

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SOURCE NGP VAN

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Bank of America Launches $250 Billion, 18-month Critical Infrastructure Finance Initiative in Honor of America’s 250th Anniversary

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Initiative aims to help strengthen and modernize America’s infrastructure, supporting energy security, U.S. job growth and economic competitiveness

Key points

Bank of America’s Critical Infrastructure Finance Initiative to help drive transformative infrastructure investment across the United States, honoring America’s 250th anniversaryBank of America to support the development of digital, energy and power, and core infrastructure that enhances national competitiveness by strengthening energy security, accelerating technological leadership and enabling long-term economic growthInitiative to help create tens of thousands of jobs and advance community developmentCapital to be mobilized and deployed over 18 months, from America’s 250th year in 2026 through July 4, 2027

CHARLOTTE, N.C., Aug. 12, 2026 /PRNewswire/ — In celebration of America’s 250th anniversary, Bank of America today announced the Critical Infrastructure Finance Initiative to mobilize and deploy $250 billion to support U.S. infrastructure development through financing, investment and advisory solutions. The initiative reflects the company’s commitment to financing digital, energy and power, and core infrastructure development and modernization to help fuel America’s next era of economic growth, innovation and competitiveness. Capital will be mobilized and deployed from over 18 months, from America’s 250th year in 2026 through July 4, 2027.

Surging demand for computing power, energy, manufacturing capacity, modern transportation systems and diversified supply chains is propelling a new wave of infrastructure investment across the United States. Bank of America is helping clients across these sectors access the capital they need through our global capital markets platform, advisory expertise and strong balance sheet support, driving investment and creating tens of thousands of jobs nationwide.

“We are proud of our long history supporting the American economy. As America marks its 250th year, this initiative reflects our confidence in the country’s future and the investments that will shape it,” said Jim DeMare, Co-President, Bank of America. “The infrastructure that powers our economy, strengthens our energy security and secures our technological leadership will drive growth, create jobs and define America’s next chapter.”

Financial activity – including primary market lending, investing, capital markets, banking and advisory solutions – will span three broad infrastructure categories:

Digital infrastructure, such as data centers and computing infrastructure (hardware, chips, and equipment), telecommunications and semiconductorsEnergy and power infrastructure, such as conventional and renewable power generation and energy storage, as well as other energy distribution systemsCore infrastructure, such as transportation, electric and energy transmission, grid optimization, water systems, critical minerals and mining, and other assets

“Meeting America’s growing infrastructure needs requires mobilizing capital at scale across increasingly interconnected sectors,” said Karen Fang, Global Head of Infrastructure & Sustainable Finance and Co-Head of Global Capital Solutions at Bank of America. “Delivering these projects requires integrated financing solutions spanning corporate and project-level capital in both public and private markets. By bringing together capital providers, developers, corporations and investors, we are focused on helping accelerate investment in infrastructure that drives economic growth and creates lasting value for communities.”

The effort will be led by Bank of America’s Global Capital Solutions (GCS) and Global Infrastructure & Sustainable Finance (GISFG) teams and is supported across all eight lines of business. Bank of America provides integrated financing, investment, advisory and supply chain solutions for clients at both the corporate and asset levels, and across public and private markets.

Frequently asked questions
Question: What is Bank of America announcing?

Answer: Bank of America announced the Critical Infrastructure Finance Initiative to mobilize and deploy $250 billion to support the development and modernization of American infrastructure, through financing, investment, advisory and supply chain solutions. The amount will be measured based on eligible activity over 18 months, from America’s 250th year, January 1, 2026 through July 4, 2027.

Question: What types of infrastructure are included?

Answer: Eligible activity spans three broad categories:

Digital infrastructure, such as data centers and computing infrastructure (hardware, chips, and equipment), telecommunications and semiconductorsEnergy and power infrastructure, such as conventional and renewable power generation and energy storage, as well as other energy distribution systemsCore infrastructure, such as transportation, electric and energy transmission, grid optimization, water systems, critical minerals and mining, and other assets

Question: How will progress toward the goal be measured?

Answer: Progress for this initiative will be measured solely based on eligible activity in primary market lending, investing, capital markets and advisory transactions, consistent with Bank of America’s methodology for its $1.5 trillion ten-year sustainable finance goal.

Question: Why is Bank of America announcing this now?

Answer: The $250 billion Critical Infrastructure Finance Initiative is in recognition of America’s 250th anniversary and reflects the important role private capital plays in financing the critical infrastructure that supports economic growth, innovation and competitiveness.

Question: How is the Critical Infrastructure Finance Initiative creating jobs?

Answer:

Infrastructure financing helps drive job creation across sectors including construction, manufacturing, technology and long-term operations. By providing capital for digital, energy and power, and core infrastructure projects, the initiative helps enable investments that support employment opportunities nationwide.Infrastructure investment and workforce development go hand in hand. Projects such as data centers, power generation facilities, grid modernization projects and transportation infrastructure require a highly skilled workforce to build, operate and maintain them. Alongside financing these investments, Bank of America supports workforce development through longstanding training, education and career pathway programs that help connect people to the skills and jobs these projects create.In 2025, Bank of America invested nearly $40 million in more than 730 workforce development partners including employers, nonprofits and community colleges across 97 U.S. markets. These partners estimate that the funding helped connect more than 90,000 people to employment opportunities and provided over 290,000 individuals with access to training, education and career-readiness programs.

Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving more than 69 million clients with approximately 3,500 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 60 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (FDIC), Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries and/or jurisdictions. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

Reporters may contact
John Yiannacopoulos, Bank of America
Phone: 1.646.855.2314
john.yiannacopoulos@bofa.com 

Sheryl Lee, Bank of America
Phone: 1.657.234.9950
sheryl.lee2@bofa.com

 

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SOURCE Bank of America Corporation

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