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Tencent to rent 100,000 Oracle chips in Southeast Asia AI push

The WeChat owner's deal gives it access to Oracle's regional data centers as it races ByteDance and Alibaba on AI infrastructure, the Financial Times reported.

Tencent has agreed to lease 100,000 chips from Oracle for roughly $7 billion to expand its AI computing capacity, according to the Financial Times.

BREAKING STORYBULLISH01 Oct 2026

AI & Semiconductors AsiaORCL TCEHYRead report →

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