Key facts
- Tencent has leased approximately 100,000 advanced AI chips from Oracle.
- The chips were not available in China.
- The Financial Times reported the deal, citing people familiar with the matter.
China's Tencent has signed its largest overseas lease deal with US cloud provider Oracle to access about 100,000 advanced AI chips that were not available in China, the Financial Times reported on Wednesday, citing people familiar with the matter. Reuters could not immediately verify the report.