✉news BusinessStartups first seen 5 h ago, last 1 h ago, peak #7
Tencent to lease 100,000 AI chips from Oracle in $7 billion deal
Original: Tencent leases 100,000 AI chips from Oracle in a $7 billion five year deal
Tencent has agreed to lease 100,000 AI chips from Oracle in a deal worth $7 billion over five years. The arrangement gives the Chinese tech giant access to large-scale computing power through Oracle's infrastructure, reflecting surging demand for AI capacity as companies worldwide race to secure chips amid export controls and supply constraints.
Why now: Major cross-border AI infrastructure deals are drawing attention as companies scramble for computing power amid chip shortages and export restrictions.
Rank over time, top of the chart is #1. 8 snapshots from 5 h ago to 1 h ago.
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