Report: DeepSeek with $12bn to build open-source TileLang + DeepGEMM stack rivaling Nvidia CUDA on Ascend
pstAsiatech · x · 2026-10-06
Investor Jen Zhu reports (unconfirmed) that DeepSeek, with $12bn in the bag, will complete open-source programming tools like TileLang and kernel libraries such as DeepGEMM Ascend to build a viable alternative to Nvidia's CUDA ecosystem for Huawei's Ascend chips — predicting the semiconductor landscape will look quite different in 12-18 months. Commenter pstAsiatech agrees but cautions "it's complicated."
More from Venture
- Firecrawl launches Alexandria fantasy football MCP data, announces $75M Series B — devdigest · 2026-10-06
- a16z Leads General Medicine's $120M Series B to Build the Storefront for Healthcare — a16z · 2026-10-06
- Analysis: US Models Are Now Cheaper per Task Than Chinese Ones, Upending a Widely Held Assumption — sebkrier · 2026-10-06
- Open-source 'Clay killer' launched: 85% cheaper, top people-search accuracy, 25x faster — Scobleizer · 2026-10-06
- SpaceX pulled off history's biggest IPO in 6 months while OpenAI and Anthropic fumble theirs — PTrubey · 2026-10-06
- VC 'Option Bet' Backlash: Menlo Founder Defends Fund That Covered Payroll During SVB Collapse — mmurph · 2026-10-06