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Oracle has reportedly signed a $7 billion deal with Tencent. It could provide relief for the troubled stock.
Source: marketwatch.com
Artificial IntelligenceTechnology & InnovationTrade Policy & Supply Chain
Tencent has signed a five-year agreement granting it access to AI chips that were previously unavailable in China, according to the Financial Times. The deal could strengthen Tencent's AI development capacity and partially ease domestic constraints on access to advanced computing hardware.
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