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Story summary
- DeepSeek announced open-source software tools for Huawei’s Ascend 950 AI chips as an alternative to Nvidia’s CUDA.
- The toolkit, including TileLang, is free to download via DeepSeek’s WeChat account.
- DeepSeek will deploy at least 160,000 Ascend accelerators in a new Inner Mongolia data center.
- Bloomberg reports DeepSeek is finalizing fundraising at a valuation near 500 billion yuan ($74 billion).
- The startup aims for a public listing as early as 2026.
