
DeepSeek raises $7.5 billion as annualized revenue tops $1 billion — report
CXMT founder and memory titan GigaDevice’s venture arm reportedly behind the AI champion with a 5 billion yuan bet.

CXMT founder and memory titan GigaDevice’s venture arm reportedly behind the AI champion with a 5 billion yuan bet.

The company’s approach seeks to address one of the biggest constraints in AI computing: the movement of data between processors and memory.