DeepSeek, the Hangzhou-based artificial intelligence startup, is designing its own chip, three people familiar with the matter say. The move would reduce its dependence on Nvidia, the dominant American chipmaker, and on Huawei, the Chinese technology group whose Ascend processors it now leans on. Understanding why matters more than the announcement itself, because the choice reveals how China's AI industry is adapting to being cut off from the best hardware. Why inference, not training The first...