It's becoming increasingly difficult for Chinese AI companies to rent chips overseas: Tencent lost a $7 billion deal, and Kimi was required to pay a 50% larger upfront payment
2026-11-06 10:46:38
According to CoinMeta and OneMillion.AI, it has become more difficult for Chinese companies to rent chips overseas. Tencent canceled a cloud computing power lease agreement with Oracle worth approximately $7 billion due to pressure from the US government, and Chinese companies are now required to pay 30% to 50% more as a down payment. Moon's Dark Side (Moon’s Dark Side) is searching in Europe for cloud computing power, discussing plans to rent at least 8,000 units, mainly for model inference purposes. The restrictions imposed by the United States on Chinese companies renting computing power overseas are intensifying; NVIDIA requires that overseas cloud service providers provide at least 51% of their services to non-Chinese customers.
Source:Internet
This content is for market information only and does not constitute investment advice.
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