Tech Industry
DeepSeek plans to order 160,000 Huawei chips for new center
DeepSeek plans to order at least 160,000 Huawei Ascend 950DT chips for a new Inner Mongolia data center, using them for inference while still training on Nvidia hardware.
China news and analysis
The latest China coverage on Tech AI Wire.
Startup Watch
DeepSeek nears a $7.4B raise at a $74B valuation before a 2027 IPO
Reports dated August 28 and 29, 2026 say DeepSeek is close to raising about $7.4 billion, or 50 billion yuan, at a $74 billion valuation. The money buys compute.
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