🇨🇳 Firms tied to Alice Huang reportedly bought into DeepSeek, promising banned Nvidia Blackwell chips
Companies linked to Alice Huang, the woman at the center of Nvidia's spy scandal, invested in DeepSeek's $15.8 billion funding round to set up a channel for Nvidia Blackwell chips, The Information reports. DeepSeek staff reportedly pitched Litong Inc. to other backers as a key black-market supplier of Nvidia hardware, and the money was routed through special-purpose vehicles so it stays off DeepSeek's shareholder register. It's unclear whether any chips were delivered, and Litong denies having business dealings with Huang.
⭐ This pulls China's top AI lab straight into the scandal that toppled Jensen Huang and adds weight to calls for tougher US chip export enforcement.
#AI
Companies linked to Alice Huang, the woman at the center of Nvidia's spy scandal, invested in DeepSeek's $15.8 billion funding round to set up a channel for Nvidia Blackwell chips, The Information reports. DeepSeek staff reportedly pitched Litong Inc. to other backers as a key black-market supplier of Nvidia hardware, and the money was routed through special-purpose vehicles so it stays off DeepSeek's shareholder register. It's unclear whether any chips were delivered, and Litong denies having business dealings with Huang.
⭐ This pulls China's top AI lab straight into the scandal that toppled Jensen Huang and adds weight to calls for tougher US chip export enforcement.
#AI
