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- Nov 509:03
Oracle Cancels $7B Tencent Chip Lease as Pressure From Both Sides Ends Remote-Compute Deal
This is the first high-profile cancellation on the remote-compute leasing route, putting other US cloud providers' arrangements with Chinese companies in line for observation.
- 08:01
Oracle Cancels $7B Tencent Chip Lease, FT Reports
this is the first high-profile cancellation on the remote-compute leasing route: without a new rule, bilateral pressure stopped a $7 billion deal, putting other US cloud providers' leasing arrangements with Chinese companies in line for observation.