Oracle has reportedly canceled a planned US$7 billion AI chip leasing deal with Tencent after increased pressure from the U.S. government. The arrangement would have provided Nvidia processors to Tencent through Oracle's cloud infrastructure for Chinese AI workloads. Separately, Deloitte announced a unified Oracle business group combining its Oracle consulting, implementation and managed services. The article says the scrapped deal shows U.S. export scrutiny is shaping which AI contracts can turn into actual usage.
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