Oracle cancels $7B Tencent AI chip lease under US pressure, FT reports

Oracle has scrapped a chip leasing deal with Tencent worth an estimated $7bn after the Trump administration leaned on it, according to a Wednesday report in the Financial Times. US officials went to Oracle with concerns about the deal, the newspaper said, citing people familiar with the matter. Reuters said it could not immediately verify […] This story continues at The Next Web

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