M&ATMTRUMOURED
Oracle Cancels $7bn Tencent AI Deal Under Trump Pressure
Value
$7.0Bn
Acquirer
Oracle
Target
Tencent AI assets
Oracle has cancelled a $7bn AI deal with Tencent due to political pressure from the Trump administration. The intervention highlights mounting tensions for US artificial intelligence infrastructure companies conducting business with Chinese technology giants.
✦ Meridian Analysis
Oracle’s proposed $7 billion acquisition of Tencent’s artificial‑intelligence assets remains at the rumour stage, with the deal now reported as cancelled after the Trump administration’s political pressure.
Deal professionals will be watching for any disclosed valuation terms, the composition of any financing that may have been arranged, and the timeline for possible alternative structures or regulatory clear‑ances.
Neither the price paid per asset nor the specific approvals required have been made public, and the identities of any financial advisers remain unknown.
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