Sources: Oracle has scrapped a ~$7B, five-year deal to lease ~100K advanced AI chips to Tencent after yielding to pressure from the Trump administration (Financial Times)

Financial Times: Sources: Oracle has scrapped a ~$7B, five-year deal to lease ~100K advanced AI chips to Tencent after yielding to pressure from the Trump administration — Intervention comes amid growing tension for US AI infrastructure groups doing business with Chinese tech giants.