TechDeepSeek reportedly seeks $7.5 billion as it bets on Huawei chips
The Information, citing two people, reports that CEO Liang Wenfeng told investors he expects Huawei to start delivering training chips to DeepSeek as early as the fourth quarter of 2026.
TLDR
DeepSeek is seeking 50 billion yuan ($7.5 billion) at a 500 billion yuan valuation as it expands computing capacity, The Information reports. Citing two people, the outlet says CEO Liang Wenfeng told investors that using more domestic chips to train its models is a major priority. He expects Huawei to begin delivering training chips as early as the fourth quarter of 2026.
DeepSeek reportedly seeks $7.5 billion as it bets on Huawei chips
The Information, citing two people, reports that CEO Liang Wenfeng told investors he expects Huawei to start delivering training chips to DeepSeek as early as the fourth quarter of 2026.
TLDR
DeepSeek is seeking 50 billion yuan ($7.5 billion) at a 500 billion yuan valuation as it expands computing capacity, The Information reports. Citing two people, the outlet says CEO Liang Wenfeng told investors that using more domestic chips to train its models is a major priority. He expects Huawei to begin delivering training chips as early as the fourth quarter of 2026.