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Oracle scraps ~$7B deal to lease ~100K AI chips to Tencent after US pressure

Oracle has scrapped a roughly $7B, five-year deal to lease about 100,000 advanced AI chips to Tencent after yielding to pressure from the Trump administration, per sources.

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  1. 2026-11-04 06:05 · Techmeme
    Sources: Oracle has scrapped a ~$7B, five-year deal to lease ~100K advanced AI chips to Tencent after yielding to pressure from the Trump administration (Financial Times)

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