Partnership
Tencent Holdings x Oracle (SEA AI chip capacity lease ~$7B / ~100k chips)
Reported Sep 30 / Oct 1 2026 via Financial Times and Reuters: Tencent signed a five-year lease across multiple Oracle Southeast Asia data centers for about 100,000 advanced AI chips unavailable in China, estimated at about $7 billion with roughly 30% upfront, described as Tencent's largest overseas lease. Reuters could not immediately verify the FT report; Oracle and Tencent did not immediately comment.
Not company-confirmed. Chip SKUs and campus names undisclosed in wire coverage.
other · Announced · just announced
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72e31525-2a77-46e9-b7e9-b15118c99f8c- Type
- other
- Status
- Announcedjust announced
- Announced
- 2026-09-307 days ago
- Active for
- 7 days
Who’s involved
[Tencent](/companies/tencent-holdings) Holdings, Chinese multinational technology and entertainment conglomerate.
Oracle Corporation is an American multinational computer technology company providing database software, cloud infrastructure, and enterprise applications. Oracle Cloud Infrastructure supports AI/ML workloads and autonomous database services.
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Sources (3)
- https://www.reuters.com/world/china/chinas-tencent-leases-100000-chips-oracle-accelerate-ai-push-ft-reports-2026-10-01/ · 2026-09-30
- https://www.ft.com/content/8799b33d-f07c-4a03-82f0-bf5d3d1d29e9 · 2026-09-30
- https://www.marketscreener.com/news/china-s-tencent-leases-100-000-chips-from-oracle-to-accelerate-ai-push-ft-reports-ce785ad3da81fe2d · 2026-09-30
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