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

https://mins.news/en/item/128481

- Reuters, 2026-11-04 06:05 UTC
- Economy
- Original: https://www.reuters.com/world/china/oracle-abandons-7-billion-tencent-ai-deal-under-trump-pressure-ft-reports-2026-11-04/?link_source=ta_bluesky_link&taid=6aeacb13a8565500013efca6

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