Tencent reportedly plans to lease about 100,000 AI chips from Oracle in Southeast Asia under a five-year deal worth roughly $7 billion.

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Oracle is funding its AI data center expansion through corporate financing, customer-supplied hardware, and developer-level loans. Enterprise buyers still need to verify delivery dates, power dependencies, and contract protections before committing to future OCI capacity.

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See what you missed in Daily Tech Insider from June 22–26.

The post AI Upgrades, Security Breaches, and Industry Shakeups Define the Week in Tech appeared first on TechRepublic.