I just came across this and sat bolt upright: According to the Financial Times, Oracle and Tencent had signed a $7 billion, five-year lease for 100,000 AI chips. Then Washington applied pressure, Guangdong came knocking, and caught in the middle, the deal fell through—are signed contracts just scraps of paper in the face of restrictions on computing power? A: What does a contract matter when national security is at stake? B: If they can tear up Tencent’s deal today, they can tear up anyone’s deal tomorrow. Which side are you on?
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