Updated Aug 12

Share this article

More on This Story

SpaceX Colossus AI Compute Goes to Anthropic After Internal Struggles

Jun 13, 2026

SpaceX Colossus AI Compute Goes to Anthropic After Internal Struggles

SpaceX rented out its massive Colossus 1 data center to Anthropic after its own Grok AI teams couldn't overcome latency issues connecting the Memphis facility to two other sites. The deal gives Anthropic 220,000 Nvidia GPUs and 300+ megawatts of capacity to handle surging demand for Claude.

spacex-colossusanthropic-computecolossus-data-center

Google Backstops $35 Billion Chip Deal to Keep Anthropic Running on Its TPUs

Jun 10, 2026

Google Backstops $35 Billion Chip Deal to Keep Anthropic Running on Its TPUs

Google has agreed to backstop lease payments for a $35 billion chip financing deal that keeps Anthropic running on its custom TPUs across five U.S. data centers, deepening the financial entanglement between two companies that are also AI competitors.

google-anthropicanthropic-chipsai-compute

OpenAI Confidentially Files for IPO, Targeting $1 Trillion Valuation

Jun 10, 2026

OpenAI Confidentially Files for IPO, Targeting $1 Trillion Valuation

OpenAI has confidentially filed its S-1 with the SEC, joining Anthropic and SpaceX in AI's public-market moment. The $852 billion company loses $1.22 for every dollar of revenue but is targeting a Q4 2026 listing at up to $1 trillion. Builders should watch for pricing transparency, product strategy shifts, and increased competitive pressure.

openai-ipoopenai-s-1ai-stock

Huawei Rolls Out Samples of Ascend 910C in Bid to Overtake Nvidia

The Chip Race Heats Up!

Huawei Rolls Out Samples of Ascend 910C in Bid to Overtake Nvidia

Huawei is ramping up its AI game, offering samples of the Ascend 910C processor to major Chinese server companies. This move aims to fill the gap left by Nvidia, as Chinese firms seek alternatives. The new chip, an upgrade from the 910B, marks Huawei's steps toward bolstering the domestic AI industry.

Huawei is making significant strides in the AI processor market with the testing of its Ascend 910C chip, aimed at providing an alternative to Nvidia's products. This move comes as Huawei looks to fill a gap left by Nvidia and supply the high demands of Chinese server companies and internet firms, who are major customers of Nvidia's hardware.

The Ascend 910C is an upgraded version of the previous 910B model, and Huawei has started distributing samples to large Chinese server companies for hardware testing and configuration. These recipients are significant players in the internet industry in China, reflecting Huawei's strategic move to offer competitive alternatives to Nvidia's dominance in the AI chip market.

Huawei's silence on the matter has not gone unnoticed. Despite a lack of an official response from the company, the distribution of these advanced AI chips is seen as a clear indication of Huawei's commitment to bolstering the domestic AI infrastructure in China. This aligns with statements made by Huawei's rotating chairman, Eric Xu Zhijun, about the company's efforts to build robust computing businesses over the past five years.

Huawai's recent advancements in AI processors are part of its broader strategy to support and develop the domestic AI industry in China. By creating viable alternatives to Nvidia chips, Huawei is not only addressing the immediate needs of Chinese tech firms but also fostering greater self‑reliance in the high‑tech sector.

The competitive landscape of the AI chip market is poised to change significantly with the introduction of Huawei's Ascend 910C. For businesses, this development means more choices in sourcing high‑performance AI hardware, potentially lowering costs and driving innovation. It also highlights a shift in the global tech supply chain, as companies seek to diversify their sources for critical technology components.

In a broader sense, Huawei's push into the AI processor market has important implications for the business environment. Companies around the world will need to pay attention to these developments, as increased competition usually drives technological advances and cost reductions. This could further democratize access to cutting-edge AI technology and enable more businesses to leverage AI in their operations.

For business readers, staying abreast of these shifts in the AI hardware market is crucial. As Huawei attempts to challenge Nvidia's dominance, firms that are reliant on AI technology should carefully consider their hardware choices and the potential benefits of new entrants like Huawei. This could include better pricing, improved performance, or enhanced integration with existing systems.

In summary, Huawei's Ascend 910C chip represents a significant development in the AI hardware sector. By offering a competitive alternative to Nvidia's products, Huawei is not only aiming to meet the demand of Chinese tech firms but is also fostering a more diverse and resilient global technology landscape. This change not only benefits the immediate market but also sets the stage for future innovations and competition in AI technology.