Techstrong reports pressure came from both US and Chinese sides
2 Nov 4 1:05 AM · 4d ago · 10 articles · 7 posts · 4 sources · development 2 of 3
A Techstrong IT report characterizes the cancellation as occurring under both U.S. and Chinese pressure, diverging from other outlets that cite only Trump administration pushback.
“Turns out Larry Ellison's relationship with Trump is hitting roadblocks. Oracle has just cancelled a $7B data centre lease for Tencent after pressure from Washington. AI capacity is now being cancelled before it is built, just as the midterm selloff intensifies.”
@puckrin, social media poster · x ↗
Larry Ellison Oracle chairmanTrump administration US executive branchTencent Chinese tech giant, intended lesseeOracle US cloud/AI infrastructure company
The whole story articlesposts the bright band is this development · numbered dots are the others · click one to jump
Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch
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first by Financial Times, 4d ago · also Techstrong IT, Reuters, Seeking Alpha, Bloomberg
7 more headlines
- Oracle Scraps $7 Billion Tencent AI Chip Deal Under U.S., Chinese Pressure: Report Techstrong IT · 4d ago
- Oracle abandons $7 billion Tencent AI deal under Trump pressure: FT Reuters · 4d ago
- Oracle cancels $7B AI chip lease with Tencent amid US concerns: FT Seeking Alpha · 4d ago
- Oracle abandons $7 billion Tencent AI deal under Trump pressure, FT reports Reuters · 4d ago
- Oracle cancels $7 bln chip leasing deal with Tencent, FT reports Investing.com · 4d ago
- Oracle Scraps $7 Billion Deal to Lease Chips to Tencent, FT Says Bloomberg · 4d ago
- Sources: Oracle has scrapped a ~$7B, five-year deal to lease ~100K advanced AI chips to Tencent after yielding to pressure from the Trump administration Financial Times · 4d ago
What people said 5 voices · verbatim
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Oracle $ORCL has reportedly canceled a $7B AI chip leasing deal with Tencent following pressure from the Trump administration, according to the FT. The five-year agreement would have given Tencent access to as many as 100,000 advanced AI chips across Oracle data centers in Southeast Asia, making i...
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China tried to rent 100,000 American AI chips through a U.S. company. The deal just collapsed. Oracle just canceled a $7 billion deal that would have given Tencent access to advanced AI chips through data centers in Southeast Asia. The five-year lease would have let Tencent use chips that are res...
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Oracle has scrapped a $7B lease giving Tencent up to 100K advanced AI chips after US objections. The 5-year contract, Tencent's largest overseas lease, would have supplied chips unavailable in China from data centres across south-east Asia. Chinese labs rent that capacity mainly for model trainin...
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Turns out Larry Ellison's relationship with Trump is hitting roadblocks. Oracle has just cancelled a $7B data centre lease for Tencent after pressure from Washington. AI capacity is now being cancelled before it is built, just as the midterm selloff intensifies.
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BREAKING: Oracle just CANCELED its $7 billion AI deal with Tencent it has begun
All 3 developments of Oracle cancels $7B Tencent AI chip-leasing deal under Trump… →
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