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Thursday, October 1, 2026

China's Tencent taps Oracle for 100,000 AI chips in $7B lease deal - report

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Tencent (TCEHY) has signed a five-year lease with Oracle (ORCL) for access to about 100,000 advanced AI chips as the Chinese technology giant steps up investment in AI, the Financial Times reported, citing sources familiar with the matter.

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