Tencent leases 100,000 chips from Oracle to accelerate AI push

Tencent, the owner of WeChat, has secured a significant deal to lease 100,000 chips from Oracle, aiming to bolster its AI capabilities. This strategic move grants Tencent access to Oracle’s data centers in southeast Asia, positioning it competitively against rivals like ByteDance and Alibaba in the AI race. The partnership highlights the growing importance of AI technology and the lengths to which major tech firms are willing to go to secure advanced resources and infrastructure.

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