Oracle nixes $7B chip leasing deal with China’s Tencent after Trump admin pushback: report ...Middle East

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Oracle nixes $7B chip leasing deal with China’s Tencent after Trump admin pushback: report
source : New York Post ( Middle East ) () 40
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.

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