NVIDIA H100 Tensor Core GPU
H100
The NVIDIA H100 Tensor Core GPU is a high-performance AI chip whose key architectural feature is interconnect bandwidth: its bidirectional NVLink bandwidth reaches 900G, roughly double the 400G of the restricted-export H800 variant that Chinese labs like DeepSeek have had to engineer around . In inference workloads, the H100 suffers from a memory-bandwidth bottleneck—one Chinese chip startup claims up to 70% of its compute units sit idle waiting on data movement, a gap their 3D-stacked ASIC designs aim to exploit . As of early 2025, ZhenFund's Yusen Dai still judged NVIDIA's chips "the strongest and most efficient choice" for both training and inference, though he noted that fixed-model optimizations on domestic chips like Huawei's Ascend 910B could outperform it on specific workloads .
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An Underwater AI Chip Company Raises 1 Billion Yuan, Targeting Large Model Inference
Walking between two "hands."
暗涌Waves·Are Models and "Shells" Both Undervalued? ZhenFund's Yusen Dai's Mid-2025 AI Review --- The past six months have been a turbulent period for AI. On one hand, DeepSeek's breakthrough has reignited global enthusiasm for Chinese AI; on the other, the commercialization path for large models remains unclear, and the market is growing increasingly anxious about when AI will generate real returns. Against this backdrop, I believe it's necessary to take stock of where we stand at this mid-point in 2025. **The Core Question: Are Models and "Shells" Both Undervalued?** Over the past two years, the AI industry has cycled through several narratives: from the initial frenzy over foundation models, to the subsequent boom in AI applications ("shells"), then a period of disillusionment as applications failed to deliver, and now a renewed focus on models following DeepSeek's success. But I want to propose a contrarian view: **both models and "shells" may be simultaneously undervalued by the market right now.** This might sound paradoxical. Let me explain. **Why Models Are Undervalued** The market's current skepticism toward model companies stems largely from two concerns: the commoditization of models (will they all become undifferent
In 2025, the "Sedol moment" for industries far and wide is only just beginning.
真格基金·A Deep Dive into the Beauty of DeepSeek's Creation: How Was DeepSeek R1 Forged?
AI penetration today is only 5%. For the remaining 95%, what will their first AI application be?
真格基金·


