Tencent reportedly rented Oracle's Southeast Asia data center: Involving approximately 100,000 advanced AI chips, with a transaction valuation of around $7 billion
Ai Focus
According to the Financial Times, Tencent has signed its largest overseas leasing agreement with Oracle, obtaining approximately 100,000 advanced AI chips from several Oracle data centers in Southeast Asia. Sources familiar with the matter said that this five-year leasing deal is valued at around $7 billion, and Tencent plans to use the relevant computing power to advance the development of AI models and agent tools.
IT News on October 1st: According to a report in The Financial Times today, Tencent has signed its largest overseas leasing agreement with Oracle, obtaining approximately 100,000 advanced AI chips from multiple Oracle data centers in Southeast Asia. Neither Tencent nor Oracle has responded to requests for comments.
According to informed sources, Tencent has agreed to a five-year lease this year, involving several Oracle data centers in Southeast Asia. The transaction is valued at approximately $7 billion (Note from IT: the current exchange rate is about 47.018 billion RMB), with a down payment of around 30%. Tencent plans to use this computing power to advance the development of AI models and agent tools.
It is claimed that ByteDance and Alibaba remain the largest customers for data centers in Southeast Asia. Such leasing agreements are permitted under US regulations and may also provide advanced chips that NVIDIA cannot obtain in China. Chinese technology giants and cutting-edge AI laboratories are utilizing these resources for tasks such as model training.
Company data shows that Tencent's capital expenditure in the second quarter increased by 176% year-on-year to 53 billion yuan, which was used for prepaid payments for AI infrastructure and computing power resources. Tencent has also recruited more top-tier talents and reorganized its infrastructure and data departments.
Follow WalletJYS official accounts to stay updated
Views 22
WalletJYS reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”，and we will handle it promptly。
No comments yet. Be the first!
PR Newswire
·2026-10-01 19:46:3811 
Report: Broadcom agrees to provide up to $42 billion in loans to Anthropic for leasing its own chipsAccording to a prospectus cited by Reuters from Anthropic IPO, Broadcom has agreed to provide a loan of up to $42 billion to Anthropic for infrastructure expenditure financing, with the related debt being convertible into Anthropic shares. This arrangement covers approximately one-third of the $125.2 billion in TPU computing power lease commitments over five years. It is also noted that Broadcom's dual role as both a hardware supplier and a financier may lead to potential conflicts of interest.
Wallstreetcn
·2026-10-01 19:46:3511 
NHI Announces Investment of $107.7 Million in SHOP ProjectNational Health Investors ( NYSE : NHI ) announced that it has invested $107.7 million (including transaction costs) to acquire 6 properties located in Kentucky, Michigan, and Tennessee, comprising a total of 443 units. The company expects to make an additional investment of $2.3 million in the first year and stated that the initial NOI yield for these communities is approximately 7.0%, and after regular capital expenditures, it is about 6.6%.
PR Newswire
·2026-10-01 19:46:3410 
U.S. stocks fall 0.8% at the opening; fourth-quarter profits and revenue soarMicron Technology reports a net profit of $37.7 billion and earnings per share of $32.87 for the fourth fiscal quarter, with adjusted earnings per share at $33.42. Revenue amounted to $54.23 billion, all of which were significantly higher than the same period last year and market expectations. The company stated that there are no signs of relief in the tight supply and demand for memory chips and has raised its capital expenditure plans; the stock price fell by 0.8% before trading began.
The Block
·2026-10-01 19:46:3212 
Wellcare Launches 2027 Medicare Product Focusing on Affordability and Integrated CareCentene's Medicare brand Wellcare announces its 2027 Medicare Advantage and prescription drug plans, which focus on affordable medication coverage, personalized support, and coordinated solutions for members who meet both Medicare and Medicaid qualifications. The company states that it will continue to provide independent Medicare Part D prescription drug coverage nationwide.
PR Newswire
·2026-10-01 19:46:2911 View More
