DeepSeek funding plans, Alibaba agents and AI hardware updates
Updates covered DeepSeek’s fundraising ambitions and a US procurement ban, national AI investment, Alibaba’s agent tools and hardware commercialization plans.
• A weekly roundup reported that DeepSeek open-sourced its DeepInfer inference framework and aims to raise about 100 billion yuan in its latest funding round; it also reported a US Department of Homeland Security ban on DeepSeek procurement.
• China’s industry ministry said the 60 billion yuan national AI fund has invested in an initial group of projects and that the country has more than 6,600 AI companies.
• Alibaba added “My Apps” to Qwen Go!, integrating Alibaba Cloud’s Meoo platform so users can build, deploy and share applications without writing code.
• Beijing Zhongke Jingshang’s high-bandwidth NearLink SLB 2.0 chip is expected to make its commercial debut in December 2026, according to a blogger’s report that also cited progress toward embodied-AI applications.
• DeepCool listed its StationX 622 workstation and server air cooler on JD.com for 899 yuan, targeting workloads including AI training and 3D rendering.