DeepSeek plans to pretrain V5 on Huawei Ascend chips. If you’ve been following DeepSeek, this isn’t much of a surprise.
And Ascend 960DT is expected to be ready in Q1 2027.
Two new names stand out in DeepSeek's latest funding round. SMIC's investment arm, and a chip fund co-founded by GigaDevice, whose founder chairs CXMT.
SMIC makes Huawei's Ascend chips, and CXMT is China's biggest DRAM maker.
Any faster path to more compute runs through these two.