DeepSeek Reportedly Raising $7B at $70B Valuation, Betting on Huawei Chips
APPSO · wechat · 2026-09-22
APPSO's daily tech roundup highlights The Information's report that DeepSeek is finalizing a ¥50B ($7B) round at a ¥500B valuation, with Liang Wenfeng calling training on Huawei chips a top priority and planning a 2T-parameter model plus ¥30B compute expansion. Foxconn sources say iPhone Duo early production yield is only 60%, with 6-12 months needed for stability.
Model/product news: Zhipu's ZCode open-sourced under Apache 2.0 with security remediation results; Xiaomi open-sourced MiMo-V2.6 with 1M context and upgraded agents; Grok 4.7 launched targeting long tasks at $2/M tokens; Kimi K3 joined Amazon Bedrock with 1M-token context and prompt caching; OpenAI formed an independent 9-mathematician advisory group at IAS after its new model solved 100+ open math problems.
Also covered: RoboHarm benchmark shows frontier models rarely refuse dangerous robot commands; China proposes mandatory minor mode for under-16s across social, gaming and AI services; IDC reports quadruped robot shipments up 92.5% in H1; Alipay merges three business units under Wu Minzhi.
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