The internet is yesterday's news in China -- Aimley

While all of this was happening, technically savvy and internationally educated entrepreneurs with compelling tech had easily attracted venture capital to set up a bunch of startups that brought niche artificial intelligence apps to a broader market. These startups are collectively referred to as China's "4 CV Dragons". CV, in this context, means "computer vision", and apart from the more common AI tech like facial recognition, for example, these CV companies have also used AI technologies to transform a variety of other industries. Tencent, the highest value company out among the dragons, has roots in gaming and online services and was strictly consumer-facing, but in 2018 it made dramatic changes in response to this new trend. For the first time in six years they announced a major restructuring to move from a consumer business towards one that caters to industries as well.