Chinese internet giant Tencent established a new corporate technology committee on Wednesday, 100 days after announcing a restructuring plan to prioritize cloud computing and artificial intelligence.

The newly-formed council will boost the integration of research and development from different businesses within the company, enabling them to be implemented on its cloud computing platform and allowing for more effective collaboration, the company said in an announcement.

Tencent is renowned for its “horse racing” business culture—the competition between units that creates silos within the company and prevents the sharing of resources.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Jill Shen

Jill Shen is Shanghai-based technology reporter. She covers Chinese mobility, autonomous vehicles, and electric cars. Connect with her via e-mail: jill.shen@technode.com or Twitter: @yushan_shen