Chinese chip designer Moore Threads Technology has unveiled a suite of new products, including its next generation of chip architecture and artificial intelligence chips as it looks to challenge US chip-making heavyweights Nvidia and AMD. The Beijing-based firm, hailed as Chinaâs âlittle Nvidiaâ, introduced two forthcoming chips Huashan and Lushan, named after two famous Chinese…
More Chinese artificial intelligence firms and chipmakers are turning to Hong Kong for fundraising, testing the appetite of global investors following stellar onshore debuts of graphics processing unit (GPU) developers Moore Threads Technology and MetaX Integrated Circuits. GigaDevice Semiconductor is a step closer to its Hong Kong initial public offering (IPO) after passing a listing…
Chinaâs Nvidia challengers Moore Threads and MetaX are set for their hotly anticipated market debuts, driven by investor excitement over domestic demand for home-grown graphics processing units (GPUs) amid Beijingâs tech self-sufficiency drive. Moore Threads opened a subscription lottery last week at 114.28 yuan per share, the highest pricing among A-share listings this year, and…
Moore Threads Technology, a Chinese graphics processing unit (GPU) start-up founded by a veteran of Nvidiaâs China operations, has become one of the most closely watched semiconductor players in the country, as domestic AI chip designers race to displace the US chip giant. The Beijing-based company last week received approval from the Shanghai Stock Exchange…
SenseTime has significantly narrowed its losses while achieving robust growth in its generative artificial intelligence business in the first half of 2025, as China pushes a nationwide initiative to advance the AI industry. The Hong Kong-listed company on Thursday posted revenue of 2.36 billion yuan (US$330 million) for the six months ended June 30, marking…
The Hangzhou-based start-upâs updated model, which supports an innovative data format called UE8M0 FP8, was âushering in a booming domestic computing power chainâ, Huatai Securities analysts said in a research note on Tuesday. That architecture showed that the synergy between mainland-designed software and chips would realise significant results, according to the report. FP8, known as…
The Hangzhou-based start-upâs cryptic one-line post on WeChat triggered online discussions about which AI chip supplier, or suppliers, would unveil this breakthrough, even as US tech restrictions remain in place. DeepSeekâs post on Thursday said the âUE8M0 FP8 scaleâ of its V3.1 AI model was particularly designed âfor home-grown chips to be released soonâ. Apart…
Chinese artificial intelligence start-up DeepSeek said that China will soon have home-grown ânext generationâ chips for AI stacking, fanning speculation over breakthroughs China may have achieved. In a one-line note on its official WeChat account explaining the âUE8M0 FP8 scaleâ of its newly released model V3.1, the Hangzhou-based firm said that the model was particularly…