Sourced fact
The News
According to Anadolu, Chinese company Tencent has entered into a five-year leasing contract with American company Oracle for 100,000 chips, with the total value of the deal estimated at $7 billion.
Analysis & context
Analysis & Context
Analytically, this agreement reflects the current developments in the artificial intelligence industry, where major companies are competing to develop advanced technologies. In a broader context, it also highlights the challenges faced by Chinese companies in accessing sensitive American technology.
