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U.S. Pressure Derails $7 Billion Oracle-Tencent AI Chip Deal, Narrowing China’s Access to Overseas Computing

Oracle, the U.S. technology company, has canceled a $7 billion artificial intelligence (AI) chip leasing agreement with China’s Tencent. The deal was reportedly scrapped after U.S.

  • U.S. government pressure led to $7 billion Oracle-Tencent AI chip deal cancellation
  • Deal would have granted Tencent access to 100,000 advanced AI chips in Southeast Asia
  • U.S. and Chinese authorities, including Guangdong officials, influenced deal cancellation

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