Tencent's 'Dungeon & Fighter' Game Dominates China's Mobile Download Charts

FILE PHOTO: The Tencent Games logo is seen on its game on a mobile phone in this illustration picture taken March 19, 2024. REUTERS/Tingshu Wang/Illustration/File Photo
FILE PHOTO: The Tencent Games logo is seen on its game on a mobile phone in this illustration picture taken March 19, 2024. REUTERS/Tingshu Wang/Illustration/File Photo
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Tencent's 'Dungeon & Fighter' Game Dominates China's Mobile Download Charts

FILE PHOTO: The Tencent Games logo is seen on its game on a mobile phone in this illustration picture taken March 19, 2024. REUTERS/Tingshu Wang/Illustration/File Photo
FILE PHOTO: The Tencent Games logo is seen on its game on a mobile phone in this illustration picture taken March 19, 2024. REUTERS/Tingshu Wang/Illustration/File Photo

Tencent Holdings Ltd's newly launched "Dungeon & Fighter" (DnF Mobile) has got off to a strong start, dominating top-grossing charts on Apple's iOS platform in China for nearly a month, industry data showed.
The game, launched in the world's biggest gaming market on May 21, broke the $100 million revenue mark in just 10 days, according to a report released by data analytics firm Sensor Tower this week.
It also topped the global mobile game revenue growth chart for May and ranked 8th in overall revenue.
In the first 10 days of its launch, DnF Mobile's revenue in China's iOS market surpassed the combined earnings of Tencent's other popular titles "Honor of Kings" and "PUBG Mobile," according to a separate Sensor Tower report dated June 17.
This surge contributed to a 12% growth in Tencent's mobile game revenue in May, according to Sensor Tower.
The DnF Mobile title, based on a popular PC franchise, had been available internationally for years. Its China launch was delayed due to Beijing's temporary freeze on new game approvals, Reuters reported.
DnF Mobile's early success comes amid ongoing tensions between Tencent and smartphone vendors over gaming revenue sharing.
Earlier this month, Tencent pulled the game from selected Android app stores, citing contract expiries.
Game developers in China have long had a contentious relationship with distributors over issues such as revenue sharing, as mobile games become increasingly popular in the broader game market. The standard 50% revenue split has often been a bone of contention.



EU Lags US and China in AI Investments, Nvidia CEO Says

Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. (Reuters)
Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. (Reuters)
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EU Lags US and China in AI Investments, Nvidia CEO Says

Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. (Reuters)
Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. (Reuters)

The European Union lags far behind the United States and China in investing in artificial intelligence, the CEO of AI chipmaker Nvidia said on Wednesday.

While there are only a handful of artificial intelligence companies in Europe, such as France's Mistral and Germany's Aleph Alpha, the bloc passed the world's first comprehensive rules to govern AI which came into force in August.

"The EU has to accelerate the progress in AI," Nvidia CEO Jensen Huang said during a visit to Copenhagen. "There's an awakening in every country realizing that the data is a national resource."

Huang was in Denmark to launch a new supercomputer named Gefion, which boasts 1,528 graphic processing units (GPUs) and was built by Nvidia in partnership with the Novo Nordisk Foundation and Denmark's Export and Investment Fund.

Nvidia is the world's top maker of GPUs, which are in high demand because they can be used to speed up artificial intelligence work. OpenAI's ChatGPT, for example, was created with thousands of Nvidia GPUs.

Denmark plans to use the supercomputer for drug discovery, disease diagnosis, treatment and complicated life science challenges.

"The era of computer aided drug discovery must be within this decade," Huang said. "This will be the decade of digital biology."

Nvidia is the second largest listed US company after Apple with a market value of $3.52 trillion.