FanShi and Huawei Forge Strategic Partnership on Ascend 950 AI Chips
FanShi has reached a strategic computing power cooperation with Huawei over the Ascend 950 chip, becoming one of the first AI firms to embrace China's most advanced domestic computing power.
FanShi founder Dai Wenyuan and Huawei executive director Yang Chaobin held a high-level strategic meeting in Shenzhen, where the two sides confirmed the cooperation. The deal is significant for FanShi's core business, as computing power underpins domestic AI operations and Huawei leads the domestic chip sector.
The partnership is seen as a forward-looking move to hedge against potential uncertainties in overseas computing power and to align with the rise of domestic alternatives. FanShi's API business has been growing rapidly, and the introduction of Huawei's top-tier computing resources is expected to match its expansion needs. It will also strengthen FanShi's end-to-end delivery capabilities for clients in finance, government and other key industries, providing greater technical route flexibility and reducing dependence on a single computing power source.
According to the report, the procurement of Huawei's high-end domestic chips is on a "heavyweight" scale. The full deployment of this computing power base is expected to translate into stable revenue for FanShi over the next several years, injecting certainty into its long-term growth.
The original article was provided by FanShi and republished by QbitAI. Views belong to the original author.