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Tencent leases 100,000 AI chips from Oracle in a $7bn deal, FT reports

Tencent has signed a five-year lease to use about 100,000 advanced AI chips from Oracle. People familiar with the matter told the Financial Times about the deal. The chips, which are not available in China, sit in several Oracle data centres in South-East Asia. The deal, signed this year, is worth about $7bn, and Tencent [] This story continues at The Next Web

2 Oct 2026 6:39 pm