Oracle nixes $7B chip leasing deal with China’s Tencent after Trump admin pushback: report
Tech | New York Post
The deal struck by Oracle and its billionaire chairman Larry Ellison would have provided Tencent with access to up to 100,000 AI chips located at Asia-based data centers over a five-year term. Ordinarily, Tencent would be barred from accessing the advanced chips due to US export controls.
