Search results for Ascend 950
Industry
U.S. prosecutors call Huawei a \'criminal enterprise\' as trial focuses on trade secrets, Iran sanctions
U.S. prosecutors told a federal court in Brooklyn that Huawei was a “criminal enterprise,” accusing the Chinese telecoms equipment maker of stealing trade secrets, violating Iran sanctions and committing financial fraud. A Justice Department prosecutor said Huawei extracted technology from U.S. companies over about 20 years and abused the financial system. Huawei rejected the allegations, saying prosecutors are linking separate matters into an organised conspiracy.
AI & Enterprise
DeepSeek halts second fundraising after leak of founder\'s private remarks
China AI company DeepSeek has temporarily halted its second fundraising round after private remarks by founder Liang Wenfeng spread outside the company. The firm told some investors it would not proceed with contract signings for the time being, a blockchain outlet reported. DeepSeek had moved to a follow-on round only weeks after completing a first raise in June, seeking at least 10 billion yuan and valuing the company at at least 480 billion yuan.
AI & Enterprise
DeepSeek founder says China can end Nvidia dependence within a year
DeepSeek founder Liang Wenfeng said China’s AI industry is reaching a turning point in its dependence on Nvidia hardware and that chip supply will no longer be a key obstacle within a year. He cited a resource gap with the United States driven by computing power constraints. He said DeepSeek lags U.S. leaders by 12 to 18 months but achieves similar performance with far less computing. DeepSeek is working more closely with Huawei and pursuing its own chips and software tools.
