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Tencent reportedly leases 100,000 chips from Oracle to fuel AI plans

Original: China’s Tencent leases 100,000 chips from Oracle to accelerate AI push, FT reports

China's Tencent has leased around 100,000 chips from Oracle to speed up its artificial intelligence development, according to a Financial Times report picked up by Reuters. The arrangement would give the Chinese tech giant access to significant overseas computing power despite US export restrictions on advanced AI hardware to China, drawing attention to how Chinese firms are sourcing chips.

Why now: The reported scale of the deal highlights how Chinese tech firms are working around US chip export controls to advance their AI ambitions.

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• China’s Tencent leases 100,000 chips from Oracle to accelerate AI push, FT reports · Reuters

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