Oracle abandons $7 billion Tencent AI deal under Trump pressure, FT reports | Reuters

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Oracle cancels $7 billion Tencent AI chip deal under Trump pressure

Oracle Corp. has canceled a $7 billion chip leasing deal with Tencent Holdings after pressure from the Trump administration, according to the Financial Times.

Nov 4, 20263 sourcesFinancial ties U.S. technology trade restrictions Compute access and pricing Chip export controls AI chips US–China AI competition AI data centers Trump administration Compute, chips & AI infrastructure

Oracle cancels $7 billion Tencent AI chip deal under Trump pressure

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Oracle Scraps $7 Billion Deal to Lease Chips to Tencent, FT Says

Financial Times

Oracle abandons $7 billion Tencent AI deal under Trump pressure, FT reports | Reuters

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Oracle cancels $7 billion Tencent AI chip deal under Trump pressure

Other sources for this story

Oracle Scraps $7 Billion Deal to Lease Chips to Tencent, FT Says

Oracle cancels $7bn Tencent AI deal under Trump pressure

Oracle abandons $7 billion Tencent AI deal under Trump pressure, FT reports | Reuters

Part of story

Oracle cancels $7 billion Tencent AI chip deal under Trump pressure

Other sources for this story

Oracle Scraps $7 Billion Deal to Lease Chips to Tencent, FT Says

Oracle cancels $7bn Tencent AI deal under Trump pressure