$10b deal flops, dire signs for AI frenzy

News.com.au · Alex Blair · 2026-11-05 03:49 UTC

A $10 billion ($US7bn) artificial intelligence deal has reportedly come undone under the weight of serious political pressure between the US and China.

Oracle-Tencent deal’s reported collapse exposes risks beneath global AI spending frenzy

A monolithic AI deal has reportedly unravelled under pressure, as concerns mount over the industry’s extraordinary promises collide with reality.

A $10 billion ($US7bn) artificial intelligence deal has reportedly come undone under the weight of serious political pressure between the US and China.

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