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Tencent leases 100,000 chips from Oracle amid AI race
Original: China's Tencent leases 100,000 chips from US' Oracle amid escalating AI race: Report
Chinese tech giant Tencent has agreed to lease roughly 100,000 chips from US cloud provider Oracle, according to a report by Anadolu Agency. The arrangement highlights how Chinese firms are securing computing power through leasing as US export controls restrict direct chip sales, intensifying the competition in artificial intelligence between the two countries.
Why now: It signals how Chinese AI firms are working around US chip export restrictions.
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Evidence
- China's Tencent leases 100,000 chips from US' Oracle amid escalating AI race: Report · Anadolu Ajansı
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