Tencent Oracle AI Chip Deal Saga
The saga revolves around a multi-billion-dollar arrangement between Tencent and Oracle to supply or lease 100,000 AI chips. The latest episode confirms Oracle has secured a $7 billion lease with Tencent, solidifying the partnership and setting the stage for large-scale AI deployment.
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Oracle reportedly makes $7b lease deal with Tencent for 100,000 AI chips
Oracle has reportedly entered a five‑year lease agreement with Tencent for about 100,000 advanced AI chips that are not available in China. The deal is estimated to be worth about $7 billion, or…
1 source -
Tencent signs ~$7B deal with Oracle for ~100K AI chips
Tencent has signed a five-year agreement with Oracle worth approximately $7 billion, according to sources cited by the Financial Times. The deal grants the WeChat owner access to roughly 100,000…
1 source