Tencent Rents Oracle Chips in Reported $7 Billion Cloud Deal
📅 - Tencent has agreed to rent roughly 100,000 advanced AI chips from Oracle through a fivarrangement in Southeast Asia, the Financial Times reported. Valued at about $7 billion, the deal gives the Chinese technology group access to scarce computing capacity abroad, with a substantial upfront payment and a lengthy commitment to an external infrastructure provider overseas.
For enterprise buyers, the significant development is the geography of computing access. Tencent can secure overseas capacity that is unavailable domestically, rather than wait for local supply to meet its requirements. That changes the procurement calculation. Hardware availability, the location of workloads and dependence [...][... Check source for end of article ...]
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!
Related news
📅 - Tencent Links AI Efficiency Gains to Its 2030 Climate Commitments - Tencent says it remains on course to reach carbon neutrality across its operations and supply chain by 2030, even as AI raises the energy intensity of its data centers. Its midterm climate report highlights higher renewable electricity use, denser computing infrastructure, AI based energy scheduling and climate technology programs, but leaves tougher questions around absolute power demand unresolved.
The uncomfortable arithmetic sits behind almost every figure in the report. Tencent says AI workloads can raise rack power demand from roughly 6 to 8 kW to 30 to 100 kW or more. That changes the engineering problem for operators. Power distribution, cooling capacity, grid connections and [...]
📅 - Tencent Cloud Pushes Open AI Strategy at Davos - Tencent Cloud used the global stage of the World Economic Forum Annual Meeting in Davos last week to outline how it sees artificial intelligence moving from hype to practical value. Speaking in Davos, Switzerland, Dowson Tong, Senior Executive Vice-President of Tencent and CEO of Tencent Cloud and Smart Industries Group, argued that the next phase of AI adoption will be driven not by a single dominant model, but by open ecosystems.
These open AI models would allow enterprises and consumers to select models best suited to real-world use cases. The message comes as governments, businesses, and technology leaders gathered in Davos to debate how AI can support economic growth while remaining [...]
📅 - Tencent Cloud Launches EdgeOne Pages Platform for Developers - Tencent Cloud has formally launched EdgeOne Pages, expanding its edge computing portfolio with a platform designed to simplify how developers build, deploy, and operate web applications globally. The release advances Tencent Cloud's strategy to deliver an integrated platform for modern, AI-driven application development at global scale.
Since its beta debut in October 2024, EdgeOne Pages has seen rapid uptake, with more than 150,000 users completing over one million deployments. The official version builds on that early adoption by adding features shaped by user feedback, including built-in analytics, configurable security controls, broader framework support, key-value storage, and [...]
📅 - Tencent Unveils New Cloud, AI Innovations, and Global Strategy - At theTencentGlobal Digital Ecosystem Summit, held on September 5-6 at the Shenzhen World Exhibition & Convention Center, Tencent has unveiled a range of new innovations in cloud computing and artificial intelligence (AI), along with proprietary technologies designed to accelerate digital transformation for enterprises.
The summit focused on presenting global solutions and AI advancements aimed at empowering businesses to enhance their operational efficiency and expand their digital footprints
Dowson Tong, CEO of Tencents Cloud and Smart Industries Group (CSIG) and Senior Executive Vice President of Tencent, emphasized the growing need for businesses to innovate. "A lot of businesses are [...]
📅 - Tencent has agreed to rent roughly 100,000 advanced AI chips from Oracle through a fivarrangement in Southeast Asia, the Financial Times reported. Valued at about $7 billion, the deal gives the Chinese technology group access to scarce computing capacity abroad, with a substantial upfront payment and a lengthy commitment to an external infrastructure provider overseas.
Reads: 4 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author: