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Chinese state media: China launches three VC funds of $7.1B+ each to back early-stage "hard technology" startups valued below ¥500M, or about $71M (Reuters)

Reuters : Chinese state media: China launches three VC funds of $7.1B+ each to back early-stage “hard technology” startups valued below ¥...

29 August 2025

Sources: DeepSeek plans to use Huawei's Ascend AI chips to train smaller versions of its upcoming R2 models but will still use Nvidia chips for largest models (The Information)

The Information:
Sources: DeepSeek plans to use Huawei's Ascend AI chips to train smaller versions of its upcoming R2 models but will still use Nvidia chips for largest models  —  DeepSeek, one of China's leading artificial intelligence developers, has decided to use Huawei Technologies' AI chips to train …

Posted from: this blog via Microsoft Power Automate.

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