Oracle abandons $7 billion Tencent AI deal under Trump pressure, FT reports
Summary
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. Covered by 3 outlets: 1 are centre, 2 lean right.
Automated summary picked from the outlets' own descriptions.
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Oracle nixes $7B chip leasing deal with China’s Tencent after Trump admin pushback: report
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...
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Oracle Kills $7BN Tencent AI Chip Deal Under Trump Pressure
Oracle Kills $7BN Tencent AI Chip Deal Under Trump Pressure Trump administration officials went to Oracle with concerns about its chip leasing contract with Tencent , and the deal has since been cancelled, two people familiar with the matter told the Financial Times . The...
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Oracle abandons $7 billion Tencent AI deal under Trump pressure, FT reports - Reuters
Oracle abandons $7 billion Tencent AI deal under Trump pressure, FT reports Reuters
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