EventBusinessNovember 5, 2026

Oracle reportedly cancels $7B Tencent AI chip lease

Read original source →technode.com

The five-year deal would have given Tencent access to roughly 100,000 advanced AI chips across Oracle data centers in Southeast Asia, per the Financial Times. US officials raised concerns with Oracle; Tencent also faced visits from Guangdong officials urging Chinese chip support.

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