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    Brief: China’s Tencent Leases 100,000 Chips From Oracle To Accelerate AI Push - FT

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    01/10/2026 04:12
    BRIEF-China’s Tencent Leases 100,000 Chips From Oracle To Accelerate AI Push - FT
    Sept 30 (Reuters) - 
    • CHINA’S TENCENT LEASES 100,000 CHIPS FROM ORACLE TO ACCELERATE AI PUSH-FT
    • TENCENT AGREED TO A FIVE-YEAR LEASE ACROSS MULTIPLE ORACLE DATA CENTRES IN SOUTH-EAST ASIA - FT
    • TENCENT-ORACLE DEAL ESTIMATED TO BE WORTH ABOUT $7 BILLION WITH AN UPFRONT PAYMENT OF ABOUT 30% - FT
    • DEAL ENABLED TENCENT TO ACCESS ABOUT 100,000 ADVANCED AI CHIPS THAT WERE NOT AVAILABLE IN CHINA AS IT FURTHER ADVANCED ITS AI MODELS -FT
    Source text: https://tinyurl.com/24sfyyhu
    Further company coverage: 0700.HK

     ((Reuters.briefs@thomsonreuters.com;))

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