Oracle 终止 70 亿美元租约，Tencent 10 万张先进 AI 芯片计划落空
Tencent 最大一笔海外算力租约被 Oracle 砍了，10 万张芯片的东南亚数据中心说没就没，中美两头还在同时施压，细节挺有意思。
Oracle 取消了一份为期 5 年、金额 70 亿美元的租约，原计划为 Tencent 提供多至 10 万张先进 AI 芯片，是其最大的海外算力租赁合同。这些芯片部署在东南亚数据中心，用于补足国内买不到的训练算力。美方提出反对，同时广东官员也游说 Tencent 转向国产芯片。Nvidia 要求云客户将至少 51% 的服务卖给非中国企业，这类租约持续承压。此前出口管制已推高租约价格，Tencent 的 Hunyuan 模型正与 Alibaba 的 Qwen 缩小差距时失去这部分算力。
Oracle has scrapped a $7B lease giving Tencent up to 100K advanced AI chips after US objections.
The 5-year contract, Tencent’s largest overseas lease, would have supplied chips unavailable in China from data centres across south-east Asia.
Chinese labs rent that capacity mainly for model training, which domestic chips can’t yet handle.
China pushed from the other side, as senior Guangdong officials visited Tencent and urged it to back domestic chips, one person said.
Such leases remain legal, but Nvidia has now told cloud clients to sell at least 51% of their services to non-Chinese companies.
Tighter export controls had already pushed these leases toward higher prices, longer terms and bigger upfront payments, so every cancellation strips premium revenue from US cloud providers.
With both governments squeezing that route, Tencent loses planned compute just as its Hunyuan models were closing the gap with Alibaba’s Qwen.
