Tencent

Tencent has arranged to lease around 100,000 chips from Oracle as it works to expand its artificial intelligence capabilities, according to a Financial Times report carried by Reuters. The deal highlights how Chinese tech firms are securing overseas computing capacity amid export restrictions on advanced chips to China.

Tencent is reportedly leasing 100,000 Nvidia H100 chips from Oracle, hosting them in Southeast Asian data centers such as Malaysia. The arrangement would let the Chinese tech giant access cutting-edge AI computing power offshore, sidestepping US export controls that restrict advanced chips from being sold directly to Chinese companies.

Chinese tech giant Tencent has agreed to lease around 100,000 chips from Oracle as it works to expand its artificial intelligence capabilities. The deal, reported by the Financial Times, highlights how Chinese firms are turning to leasing arrangements with US cloud providers to secure computing power despite export restrictions on advanced semiconductors.

Chinese tech giant Tencent has reportedly leased around 100,000 high-end US chips to power its artificial intelligence ambitions. The deal underscores the fierce competition for advanced semiconductors as companies race to build AI capability, and highlights how access to top-tier US hardware remains a strategic bottleneck for China's tech sector amid export restrictions.

Analysts have modestly lowered the fair value estimate for Tencent Music Entertainment Group (TME) stock, citing analyst caution around the company's outlook. The adjustment suggests a more measured view of the music streaming group's near-term prospects, though the cut is described as modest rather than a sharp downgrade. Investors tracking Chinese entertainment stocks are weighing the revision against the company's broader growth story.

The KraneShares CSI China Internet ETF (KWEB), which tracks major Chinese internet stocks listed in Hong Kong and the US, is seeing heightened interest from investors checking its price, quote and history. The fund is a widely used proxy for exposure to companies like Alibaba, Tencent and JD.com, and its movements are closely watched as a barometer of sentiment toward China's technology sector.

The Financial Times reports that Tencent has agreed to lease around 100,000 chips from Oracle in a deal worth roughly $7 billion. The arrangement, picked up by Yahoo Finance and Investing.com, would give the Chinese tech giant access to large-scale computing capacity through Oracle's infrastructure, and it is drawing attention amid tight global supply and export controls on advanced chips.

Financial Times reports that Tencent has arranged to lease 100,000 chips from Oracle to power its artificial intelligence work, a move that would give the Chinese tech giant access to computing capacity through Oracle's cloud infrastructure rather than direct purchases restricted by US export controls. The deal highlights how Chinese firms are finding workarounds to secure AI compute, and it is drawing attention to the scale of demand for data centre capacity among US cloud providers.

Tencent has agreed a five-year, $7 billion deal to lease around 100,000 AI chips from Oracle. The arrangement gives the Chinese tech giant access to large-scale computing power for artificial intelligence without outright hardware purchases. The deal highlights how Chinese companies are turning to cloud providers to secure AI capacity amid tight chip supply and export restrictions.

Tencent Music Entertainment Group is moving from its New York listing to Hong Kong in global index tracking, meaning major index providers will follow the company's Hong Kong-listed shares rather than its NYSE-listed American depositary receipts. The shift affects how passive funds and index-tracking investors hold the music streaming company, and comes as Chinese firms increasingly emphasise their Hong Kong listings amid US-China listing risks.

Tencent has signed a $7 billion agreement with Oracle to lease 100,000 AI chips, one of the largest chip-leasing arrangements announced to date. The deal gives the Chinese tech giant a major boost in computing power for its artificial intelligence services, while marking Oracle's growing role in renting out AI hardware capacity rather than selling chips outright. The arrangement highlights surging global demand for AI computing infrastructure.

The Financial Times reports that Tencent has agreed to lease 100,000 AI chips from Oracle in a deal worth around $7 billion. The arrangement would give the Chinese tech giant access to large-scale computing capacity via Oracle's infrastructure, highlighting how companies are securing scarce AI hardware through leasing rather than outright purchases amid tight supply and export restrictions.

Tencent has agreed a roughly $7 billion deal to lease around 100,000 AI chips from Oracle, according to a report. The arrangement would give the Chinese tech giant access to significant computing power through Oracle's infrastructure, sidestepping US export restrictions on advanced chips sold directly to Chinese firms. The news draws attention to how Chinese companies are securing AI capacity via foreign cloud providers and to the scale of global demand for AI hardware.

Tencent has open-sourced its large Hy4 770B-parameter AI model under the permissive Apache 2.0 license, while also introducing IQuest-Q1, a much smaller 15B-parameter model aimed at more accessible use. Thai-language tech commentary is highlighting the release, noting the combination of a very large open model and a lightweight companion option for developers.

Oracle has reportedly agreed to a five-year lease arrangement for AI chips valued at around $7 billion, adding to the wave of large-scale infrastructure deals driven by demand for computing power. Separately, Tencent's Yuanbao chatbot is said to be facing limits on some features. Both stories point to the ongoing race for AI hardware and capacity.

Chinese tech giant Tencent has agreed to lease roughly 100,000 chips from US cloud provider Oracle, according to a report by Anadolu Agency. The arrangement highlights how Chinese firms are securing computing power through leasing as US export controls restrict direct chip sales, intensifying the competition in artificial intelligence between the two countries.

Tencent has reportedly agreed to lease around 100,000 AI chips from Oracle in a deal valued at roughly $7 billion. The reported arrangement would give the Chinese tech giant access to large-scale US computing power for artificial intelligence work despite export restrictions, and highlights Oracle's growing role in renting out AI data-centre capacity.

Oracle has reportedly landed a $7 billion deal with Tencent that would give the Chinese tech giant access to 100,000 advanced AI chips through a sourcing arrangement. If confirmed, the agreement would be a major cloud and semiconductor-services win for Oracle and a significant supply channel for China's AI ambitions, given current US restrictions on advanced chip exports to Chinese firms.

Tencent has reportedly agreed to lease around 100,000 AI chips from Oracle in a deal worth $7 billion. The arrangement would give China's largest gaming and social media company access to computing power hosted through Oracle's data centres, circumventing US export controls that restrict direct sales of advanced chips to Chinese firms. If confirmed, it would mark one of the largest attempts by a Chinese tech giant to secure overseas AI capacity.

Tencent has reportedly signed a $7 billion agreement to lease 100,000 AI chips from Oracle, with the computing capacity to be hosted in Southeast Asia. The reported deal would mark one of the largest chip-leasing arrangements to date, underscoring how Chinese tech firms are securing AI compute through foreign cloud providers amid US export restrictions on advanced chips to China.

Tencent has reportedly leased 100,000 AI chips from Oracle, highlighting how Chinese tech companies are securing computing power outside China. The arrangement points to shortages of advanced domestic chips and restrictions on US semiconductor exports, pushing Chinese firms to rely on overseas data centre capacity for AI development.

Tencent has arranged to lease roughly 100,000 Nvidia AI chips through Oracle in a deal worth about $7 billion, according to a report. The arrangement would give China's largest gaming and social media company access to US-made AI hardware despite export restrictions banning direct sales of advanced chips to Chinese firms, highlighting how Chinese companies are routing around Washington's controls through foreign cloud providers.

Tencent has signed a major lease agreement with Oracle giving the Chinese tech giant access to 100,000 advanced AI chips. The deal suggests Tencent is turning to foreign cloud infrastructure to secure the computing power needed for its artificial intelligence work. The arrangement is likely to draw attention given US export restrictions on advanced chips to China.

Tencent is reportedly turning to Oracle to access AI chips from abroad, as US export restrictions limit the Chinese tech giant's ability to buy Nvidia processors directly. The move suggests Chinese companies are finding workarounds through cloud providers to secure the computing power needed for AI development, underscoring the growing tensions around semiconductor supply chains.