Source: New York Post
Oracle has reportedly nixed a $7 billion deal to lease computer chips to Chinese tech giant Tencent after getting pushback from the Trump administration. The deal struck by Oracle and its billionaire chairman Larry Ellison would have provided Tencent with access to up to 100,000 AI chips located at Asia-based data centers over a five-year term. Ordinarily, Tencent would be barred from accessing the advanced chips due to US export controls.
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