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Tencent leases 100,000 chips from Oracle for AI drive

Original: China’s Tencent leases 100,000 chips from Oracle to accelerate AI push

Chinese tech giant Tencent has agreed to lease around 100,000 chips from Oracle as it works to expand its artificial intelligence capabilities. The deal, reported by the Financial Times, highlights how Chinese firms are turning to leasing arrangements with US cloud providers to secure computing power despite export restrictions on advanced semiconductors.

Why now: The scale of the deal and what it suggests about Chinese firms working around US chip export curbs is drawing attention.

TencentOracleFinancial TimesChina

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Evidence

• China’s Tencent leases 100,000 chips from Oracle to accelerate AI push · The Dark Side Of The Boom
• China’s Tencent leases 100,000 chips from Oracle to accelerate AI push · Financial Times

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