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DeepSeek reportedly works with Huawei on future AI chip designs

DeepSeek is working with Huawei to shape future AI chip designs, The Information reported, citing two people familiar with the matter. DeepSeek also plans to begin using Huawei's Ascend 950DT for pre-training as soon as the end of 2026.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Products Infrastructure
Products Infrastructure

JPMorgan deploys $230 billion in economic security financing

JPMorgan Chase deployed $230 billion of capital in the first year of its decade-long US economic security effort, Bloomberg reports. The financing includes equity and debt across areas including energy independence, defense and ae...

AI Capital
AI Capital

Tenstorrent raises $1.5 billion at $6.2 billion valuation

AI chip startup Tenstorrent has raised $1.5 billion in a funding round that values the company at $6.2 billion, according to a statement provided to Bloomberg News. The financing follows takeover interest in the company earlier th...

Capital AI
Capital AI

Town raises $108m at $1bn valuation for workplace AI assistants

Town announced a $108m Series B on Monday at a $1bn valuation, co-led by Forerunner Ventures and Menlo Ventures. Existing investors a16z and First Round Capital also participated. The startup connects individual AI assistants to ...

Capital Science
Capital Science

Nouscom closes €120 million financing for cancer vaccine trial

Swiss biotech Nouscom has closed a €120 million ($135 million) Series D financing to take its NOUS-209 cancer vaccine through a pivotal clinical trial, pharmaphorum reported. M Ventures and Revelation Partners led the round, with ...

Capital
Capital

Even Healthcare raises $50 million to expand Bengaluru hospitals

Even Healthcare has raised $50 million in an all-equity Series B led by Khosla Ventures, with participation from Alpha Wave, TechCrunch reports. The Indian startup says the round values it at $300 million, triple its valuation 18 ...

Infrastructure Products
Infrastructure Products

PLD Space begins system-level testing of Miura 5 orbital rocket

PLD Space says it has begun system-level testing of its Miura 5 orbital rocket, with a fully assembled second stage at its Teruel test site in Spain. The stage will undergo a practice countdown using real propellants, followed by ...