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Tencent reportedly signs $7B Oracle deal to lease 100,000 AI chips
Original: [News] Tencent Reportedly Signs $7B Deal to Lease 100,000 AI Chips From Oracle in Southeast Asia
Tencent has reportedly signed a $7 billion agreement to lease 100,000 AI chips from Oracle, with the computing capacity to be hosted in Southeast Asia. The reported deal would mark one of the largest chip-leasing arrangements to date, underscoring how Chinese tech firms are securing AI compute through foreign cloud providers amid US export restrictions on advanced chips to China.
Why now: The scale of the deal and its implications for US chip export restrictions and the AI computing race make it highly newsworthy.
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- [News] Tencent Reportedly Signs $7B Deal to Lease 100,000 AI Chips From Oracle in Southeast Asia · TrendForce
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