AINewsnow

Oracle reportedly cancels $7 billion Tencent AI chip lease under US pressure

This story is from 2026-11-05. It is preserved in the archive; the latest stories are on the live feed.

Oracle canceled a five-year agreement to lease advanced AI chips to Tencent after pressure from the Trump administration, the Financial Times reported on November 4.

Read the full story at TechNode ↗

Timeline · 1 report

  1. 2026-11-05 06:03 · TechNode
    Oracle reportedly cancels $7 billion Tencent AI chip lease under US pressure

More stories

  1. Tencent AI chief warns AI will soon master biology, raising new safety risks — SCMP China Tech
  2. Microsoft winding down deal to rent AI cloud capacity from Oracle — Bloomberg AI
  3. ING puts $500 million of data center loans up for sale — Economic Times Tech
  4. Tencent launches Hy4 AI model with visual reasoning and finance benchmark lead — DigiTimes Asia
  5. WeKnora: turn scattered documents into one queryable knowledge system — DEV Community — AI
  6. Hy4 API: Price & Cheapest Access (Nov 2026) — DEV Community — AI
  7. Turn a GAN Beauty Demo Into a Release Decision: Build an Evidence Gate for Tencent RTC Beauty AR — DEV Community — AI
  8. Tencent releases open-weights 27B text-generation model Qwen3.8-27B-DSpine-b16 — Hugging Face model releases

Get the daily brief of stories like this at 6:30 every morning →