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On November 3, 2026, Moxin AI announced the completion of nearly 1 billion yuan in financing. According to a report by Zhidongxi, this comes only 5 months after the company's previous round of nearly 1 billion yuan in financing, bringing the cumulative total of the two rounds to nearly 2 billion yuan. The report said the funds will be used for full-stack upgrades of sparse-dedicated inference chips and pre-research on next-generation chips; Moxin's S30 and S40 compute cards previously won first place in three consecutive MLPerf Inference tests, and the new-generation board card SP200 is planned to be launched before the end of this year. No follow-up progress on this financing round has been disclosed yet.
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Nov 3
Zhidx
Moffett AI Raises Nearly 1 Billion Yuan Again in 5 Months, Sparse Computing Inference Chips Accelerate Commercialization
Chinese sparse computing chip company Moffett AI has completed a financing round of nearly 1 billion yuan, just 5 months after its previous round of nearly 1 billion yuan, bringing the two rounds to a cumulative total of nearly 2 billion yuan. The funds will be used for full-stack upgrades of sparse-dedicated inference chips and pre-research on next-generation chips. Its S30 and S40 compute cards previously won first place in three consecutive MLPerf Inference tests, and the new-generation board SP200 is planned to be launched before the end of this year.