Tencent leases 100,000 AI chips from Oracle in five-year deal

Tencent has signed a five-year deal with Oracle to lease 100,000 AI chips, utilizing data centres in south-east Asia to accelerate its AI push. This strategic shift in infrastructure sourcing emphasizes flexibility and rapid scalability. The move comes as the WeChat owner competes with ByteDance and Alibaba in the AI race. By accessing Oracle's resources, Tencent aims to enhance its technological capabilities and maintain a competitive edge through increased computing power and infrastructure efficiency.