Tech Desk 
Apr 06, 2026
DeepSeek is reportedly working on its new model, named 'V4, which is expected to run on the latest chips designed by Huawei Technologies.
The Information reported that in preparation for V4's launch, Chinese tech giants, including Alibaba Group , ByteDance and Tencent Holdings, opens new tab, have placed bulk orders for Huawei's upcoming chip totaling hundreds of thousands of units.
DeepSeek V4 — next-generation model — is expected to be launched in the next few weeks, the report said, adding that DeepSeek is also working on two additional V4 variants, each optimised for different capabilities and built to run on Chinese chips.
It is important to note that the company has spent the past few months working directly with Huawei and another Chinese chip designer, Cambricon Technologies, to help rewrite pieces of the model's underlying code, and in testing, the report said, citing two people close to the company.
The launch of DeepSeek's low-cost models V3 and R1 triggered a global tech stock selloff last year, effecting investors to question whether United States (US) AI firms required to spend billions of dollars on AI computing power.
What is DeepSeek?
DeepSeek is a Chinese AI startup, backed by quant firm High-Flyer, that develops high-performance, open-source Large Language Models (LLMs). It is known for its budget-friendly, highly capable reasoning models (like R1) and V3 general model, which match top US models in performance.
