Tencent Leases Oracle Data Centers for AI Chips
hitechexpert.topTencent has reportedly inked a major overseas leasing deal with Oracle, securing approximately 100,000 advanced AI chips across multiple Oracle data centers in Southeast Asia.
This significant agreement, valued at around $7 billion, is a five-year lease with a substantial upfront payment of 30%. Boosting AI Development The primary objective behind this substantial investment is to fuel Tencent’s ambitious artificial intelligence initiatives.
