GoKawiilOracle reportedly signs $7B five-year AI chip lease deal with Tencent
According to the Financial Times, Oracle has agreed to lease about 100,000 advanced AI chips to Tencent across Southeast Asian data centers over five years, in a deal valued near $7 billion with roughly 30% paid upfront. Neither company has confirmed the arrangement, and the specific chip model involved has not been disclosed, though the FT notes such leases are permitted under current US export rules since the hardware is unavailable in China.