AI Chip Deals Spread From China to Silicon Valley as Asia’s Fundraising Surges: What’s Going On Today

Markets

Asia-Pacific companies are poised to challenge the region’s 2021 record for share and convertible-bond fundraising this year, as the AI boom fuels a pipeline of deals, Reuters reported September 30. Business Times also covered the outlook, citing continued capital-market activity across the region.

The Bank of England warned that risks linked to AI valuations and debt are becoming more likely to materialize, including the possibility of spillovers into wider financial markets, Reuters reported Wednesday.

Tech

DeepSeek said it partnered with Huawei to develop software tools for programming Huawei AI chips, a move aimed at reducing reliance on Nvidia’s software ecosystem. Reuters reported the partnership on September 30; CNBC TV18 and Moneycontrol also reported the open-source software launch.

Synopsys and OpenAI struck a deal to develop AI models for chip-design work, with Synopsys sharing revenue under the agreement, Reuters reported September 30. The deal brings generative AI deeper into the engineering software used to design computing chips.

Sources

Reuters, The Business Times, CNBC TV18 and Moneycontrol.