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Tencent signed ~$7 billion Oracle lease for about 100,000 AI chips in Southeast Asia, FT reports

Aiden Reed October 1, 2026 AI Company News 0 Comments

Photo of a data-center aisle of black server racks under a muted sage-and-pine color grade. Centered side-by-side on pale sage cards are the Tencent and Oracle wordmarks; a small dark strap below reads OVERSEAS LEASE. No masthead or chip row.

The Financial Times reported that Tencent agreed to a roughly $7 billion five-year Oracle lease for about 100,000 advanced AI chips hosted across Southeast Asia…