China's Moore Threads closes $218m Series B
Moore Threads, a China-based designer of artificial intelligence (AI) chips, has raised CNY 1.5bn (USD 218m) in Series B funding led by China Mobile Digital New Economy Industry Fund and Hexie Health Insurance, with participation from Dianshi Capital.
The company, formed in late 2022 by a team from Nvidia, has now closed four funding rounds. Its Series A of CNY 2bn in late 2021 was led by Shanghai Guosheng Capital, 5Y Capital, and a BOC International...
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