Chinese GPU Maker Raises $250 Million for Future GPU Development

Moore Threads, a China-based GPU developer, raised around $215.4 million in Series B funding to finance its continuous multi-functional GPU research and development, reports DigiTimes. The fund-raising signals investors’ confidence in the rise of China GPU development in general fueled by the country’s need for AI/ML accelerators as well as graphics processors for gaming. 

Since its inception in late 2020, Moore Threads has introduced two graphics processors compatible with the company’s MUSA computing platform — Sudi and Chunxiao — and multiple add-in-boards (AIBs) built around that base design. Both multi-functional GPUs are designed for numerous markets, including gaming, cloud computing, artificial intelligence/machine learning, FP32 high-performance computing, and virtual desktop infrastructure (VDI). Pursuing so many market opportunities lets Moore Threads attract investors with various backgrounds.  

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