Oracle cancels $7bn Tencent AI deal amid US political pressure, FT reports
nordicinst · x · 2026-11-05
According to the Financial Times, Oracle has cancelled a $7 billion AI deal with Tencent, reportedly under pressure from the Trump administration. Neither party has disclosed contract details, and the move could reshape US-China AI infrastructure cooperation.
Related event: Oracle Cancels $7 Billion AI Chip Lease Deal with Tencent: FT(3 posts)→
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