Bloomberg: Tencent, Legend Capital and CPE circle Huawei Ascend chips, same names near DeepSeek

YvesMulkers · x · 2026-10-23

Bloomberg reports Tencent, Legend Capital and CPE are circling Huawei's Ascend chips. The author notes the same four investor names also turn up around DeepSeek's newest model, suggesting concentrated capital positioning across China's AI stack — from compute to frontier models.

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