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EconomyOracle cancels $7 billion Tencent AI deal under Trump pressure, FT reports

Oracle canceled a multibillion-dollar chip-leasing contract with Tencent after yielding to pressure from the Trump administration, the Financial Times reported Wednesday.

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RReuters★★★☆☆2026-11-04 06:05Original

Oracle cancels $7 billion Tencent AI deal under Trump pressure, FT reports
Oracle cancels $7 billion Tencent AI deal under Trump pressure, FT reportsEconomy