✉news TechnologySemiconductors first seen 11 h ago, last 10 h ago, peak #33
Tencent reportedly leases 100,000 AI chips from Oracle for $7 billion
Original: Tencent leases 100,000 AI chips from Oracle for $7 billion amid US export curbs
Tencent has reportedly agreed to lease around 100,000 AI chips from Oracle in a deal worth $7 billion. The arrangement would give China's largest gaming and social media company access to computing power hosted through Oracle's data centres, circumventing US export controls that restrict direct sales of advanced chips to Chinese firms. If confirmed, it would mark one of the largest attempts by a Chinese tech giant to secure overseas AI capacity.
Why now: It highlights how US chip export curbs are pushing Chinese tech firms to find creative routes to AI computing power.
TencentOracleUnited StatesChina
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