Tencent Reportedly Leases 100,000 Oracle AI Chips in Southeast Asia for $7B

Tencent has reportedly agreed to a five-year, roughly $7 billion deal for access to about 100,000 advanced AI chips in Oracle data centers across Southeast Asia, the Financial Times reported. About 30% of the contract value would be paid upfront; neither company has confirmed the agreement.

• The five-year deal is valued at roughly $7 billion
• It covers access to about 100,000 AI chips in Oracle data centers in Southeast Asia
• Tencent would pay about 30% of the contract value upfront
• Chip models, countries and deployment schedule were not disclosed