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Oracle has reportedly signed a $7 billion deal with Tencent. It could provide relief for the troubled stock.

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Oracle has reportedly signed a $7 billion deal with Tencent. It could provide relief for the troubled stock.

Tencent signed a five-year deal which allows it to access artificial-intelligence chips not previously available in the country, according to the Financial Times.

Oracle has reportedly signed a $7 billion deal with Tencent. It could provide relief for the troubled stock.


Source:MarketWatch

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Source:https://www.marketwatch.com/story/oracle-has-reportedly-signed-a-7-billion-deal-with-tencent-it-could-provide-relief-for-the-troubled-stock-abd428f5