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Oracle cancels $7B Tencent AI chip-leasing deal under Trump administration pressure

NY Post details export-control workaround the deal offered

3 Nov 4 1:34 PM · 3d ago · 2 articles · 1 source · development 3 of 3

The New York Post notes the lease, struck by Oracle and chairman Larry Ellison, would have given Tencent access to chips it would ordinarily be barred from under US export controls.

Larry EllisonLarry Ellison Oracle chairmanTrump administration US executive branchTencent Chinese tech giant, intended lesseeOracle US cloud/AI infrastructure company

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1–2Techstrong reports pressure came from…3NY Post details export-control workaround…
Nov 4Nov 5Nov 6yesterdaynow · 9:22 AM ET

What was reported 1 claim about this development

  1. 4 outlets Oracle Kills $7BN Tencent AI Chip Deal Under Trump Pressure

    first by ZeroHedge, 3d ago · also NY Post, New York Post, ZeroHedge News

    1 more headline

All 3 developments of Oracle cancels $7B Tencent AI chip-leasing deal under Trump… →

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