Tencent leases 100,000 chips from Oracle to accelerate AI push

🌐 Financial Times (United Kingdom) —

AI Summary

Tencent has agreed to lease 100,000 chips from Oracle to expand its artificial intelligence capabilities. The arrangement gives the Chinese company access to Oracle data centers in Southeast Asia as it competes with ByteDance and Alibaba.

WeChat owner strikes deal to access US group’s south-east Asia data centres amid race with ByteDance and Alibaba

Markets Deals AI & Tech Energy Tencent Oracle AI chips data centers cloud computing Southeast Asia technology deal

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