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Chinese technology giant Tencent has signed its largest overseas lease deal with US cloud provider Oracle, agreeing to lease approximately 100,000 advanced AI chips that were not available in China. This move aims to accelerate Tencent's artificial intelligence development.
Five-Year Lease Covers Multiple Oracle Data Centres In Southeast Asia, With About 30% Paid Upfront - Deal Gives Tencent Access To Chips Unavailable In China For Its AI Model Development