Iluvatar CoreX, a Chinese provider of general GPU chips and high-performance computing systems, announced on July 13 that it had completed C+ and C++ rounds of financing totaling over 1 billion yuan ($148.68 million).
Shanghai-based computer chip startup Biren Technology announced that its first GPU chips, the BR100 series, were successfully tested on Thursday.
VirtAITech announced on Monday that it had completed its B+ round of financing worth several hundred million yuan. This round of financing was led by CDB Equipment Fund under ProCapital.
Moore Threads, a Chinese graphics processing unit (GPU) enterprise, announced on Thursday that it had completed an A round of financing in which it raised 2 billion yuan ($313 million).
Recently, the U.S. ban on sales to ZTE has aroused much attention to the chip industry in China. Today, Alibaba DAMO Academy (DAMO stands for Discovery, Adventure, Momentum, and Outlook) claims that it is developing a neural network chip called Ali-NPU