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TNW | China2 min read

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.

By Cristian DinaThe Next Web AI

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Originally published by The Next Web AI on Oct 2, 2026.

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