Bloomberg： DeepSeek is building a 1GW AI data center in Inner Mongolia， its first campus at hyperscaler scale.

The site sits about 350km northwest of Beijing， and the company means to lease further capacity from neighbouring operators on top of the facility it puts up itself.

Borrowed compute clusters were enough while the point was proving efficiency and the runs stayed short.

So the plan now is a facility they controls outright， with at least part of it aimed to come online by the end of next year or early 2028.

Inner Mongolia was chosen partly because it averages around 4C across the year， which cuts the power burned on cooling servers that already draw close to a gigawatt.

A site that size fitted with the newest accelerators costs roughly $50B by Nvidia's own estimate， though Chinese builds typically land far below US prices.

Money looks like the easier half after a record $7B raise at a valuation near $50B， with IPO preparations already underway.

Which chips fill the racks is the part nobody will confirm， and Washington believes Blackwell processors already reached an Inner Mongolia facility despite being barred from sale to China.