Tencent Reportedly Leases 100,000 Chips From Oracle in $7 Billion AI Deal
The five-year agreement, if confirmed, would mark one of the largest chip-leasing deals in the ongoing US-China AI race, according to a report.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
Chinese technology giant Tencent has reportedly agreed to lease 100,000 chips from US-based Oracle as part of a five-year deal worth a total of $7 billion, according to a report.
The arrangement, if confirmed, would represent one of the largest chip-leasing agreements between a Chinese technology company and a US cloud computing provider amid an intensifying global race to secure computing capacity for artificial intelligence development.
Demand for AI-capable chips has surged in recent years as companies around the world race to build and train large AI models, with access to sufficient computing power emerging as a key competitive factor in the industry.
Neither Tencent nor Oracle has publicly confirmed the terms of the reported deal. The report did not specify which type of chips are involved or how the capacity would be used.
The reported agreement comes against a backdrop of continued US export controls on advanced semiconductor technology to China, which have pushed Chinese firms to seek alternative routes, including leasing arrangements with US cloud providers, to access computing resources.
Sources
- China's Tencent leases 100,000 chips from US' Oracle amid escalating AI race: Report — Anadolu Agency (Turkey)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Comments
Loading comments…
Related articles
OpenAI Flags Alleged Campaign to Copy Its AI Models
The company says it identified an attempt to extract protected reasoning from its models, linking part of the activity to China's Moonshot AI.
China Cracks Down on AI Companion Chatbots, Raising Questions on Global Approach
Beijing's restrictions on AI systems that replicate human relationships have prompted debate over whether China is ahead on AI regulation.
South Korea's Exports Hit Record High Amid AI-Driven Semiconductor Demand
Exports surged 83.5 percent to surpass $120 billion for the first time, driven by booming demand for semiconductors tied to the global AI boom.
Türkiye Innovation Week to Bring Together Global Tech Leaders on AI Transformation
The summit will convene international experts to discuss how agentic AI is reshaping business tasks, remote work and creative processes.
Huawei Launches Mate 90 Series With New Kirin Chipsets and AI Features
The Chinese tech giant unveiled its next-generation flagship smartphone lineup in Shenzhen, highlighting upgraded chips, cameras and AI-powered tools.
California Governor Signs Order to Preserve Standard AI Terminology
The executive order directs state agencies to keep using established technical language, with the governor warning that rebranding could obscure emerging AI security risks.