Oracle reportedly lands $7B GPU deal for Tencent

Oracle has reportedly signed a five-year, $7 billion deal giving Tencent access to roughly 100,000 AI accelerators in Oracle data centers across Southeast Asia. Tencent would pay about 30% upfront, around $2.1 billion. Neither company has confirmed the agreement.

• The five-year deal is valued at $7 billion
• Tencent gets access to ~100,000 AI accelerators in Oracle's Southeast Asia data centers
• About 30% is paid upfront, roughly $2.1 billion
• The specific AI processors were not disclosed; Nvidia and AMD are options