(Photo courtesy of interviewee)
On July 5, ti Media App learned thatMuxi Integrated Circuits (Shanghai) Co., LTD. (" Muxi "), a company focused on providing high-performance GPU (graphics processor) chips and solutions for heterogeneous computing, today announced the completion of RMB 1 billion pre-B round of financing.
This round by Shanghai Chaos Investment Group, CCTV Rong media industry investment fund jointly lead investment, Shanghai Guosheng Capital, Zhongxin Capital, Jianyin Technology innovation, Hexuan Capital, Puchao capital and other institutions with investment, the old shareholders Of China Internet Investment Fund, Jingwei China, Guocuang In Ding continue to exceed the additional investment.
This morning held the financing settlement ceremony, Muxi MetaX founder, chairman and CEO Chen Weiliang said: "there is no shortcut core, the development of domestic high-performance GPU is a long way to go...... The completion of the pre-B round of financing will further facilitate the development and commercialization of Mu Xi high-performance universal GPU products."
This is the fifth round of financing after mu Xi was established in September 2020, with a total investment of more than 2 billion yuan.Last A round in August last year, amounted to 1 billion yuan, China's state-owned enterprise restructuring fund co., LTD. (hereinafter referred to as fund), China Internet investment fund joint collar, old shareholders partners China, and the capital, sequoia China, such as the speed of light, lenovo China vc and, so far less than A year.
This round of financing to participate in many state capital, "futures a brother" Ge Weidong also participated in the lead.
Among them, CCTCR Media Industry Investment Fund was jointly initiated and established by 26 enterprises including China International Television Corporation under the China Media Group, China Telecom and China Cultural Industry Investment Fund, focusing on cutting-edge technology applications such as 5G, ultra HD, artificial intelligence, cloud computing and block chain. The China Internet Investment Fund is an investment institution jointly initiated by the CYBERSPACE Administration of the CPC Central Committee and the Ministry of Finance, with a planned total fund size of 100 billion yuan. The newly joined Shanghai Guosheng Capital, Jianyin Technology innovation, Zhongxin Capital are also state-owned background.
Another co-lead investor, Shanghai Chaos Investment Group, is a specialized investment institution led by Ge Weidong,Involved in bulk commodity trade, commodity futures investment, securities investment, etc., the invested enterprises include Apple supply chain enterprise Wentai Technology, CPU company Haiguang Information, logistics company G7 wulian, which has just been acquired.
Ge is best known for taking a heavy position in five stocks in 2020, earning about 3.5 billion yuan. He was also a major driver of the global copper price crash in 2015, earning him the nickname "The Elder brother of futures" in the industry.
Muxi, headquartered in Shanghai's Lingang district, focuses on the high-performance GPU field, which is dominated by American chip giants such as Nvidia and AMD. Since 2020, GPU has become one of the most "attracting money" in the domestic chip field, with a total financing of more than 20 billion yuan. IDC expects China's GPU server market to reach $5.49 billion by 2025, while the entire Chinese accelerated server market will reach $6.40 billion.
Zhang Gaonan, managing partner of Huaying Capital, told Ti Media App that China's entry into the GPU market is "the right time, the right place and the right people", especially semiconductor and the next generation OF AI technology are important areas in which China must break through.
talent , Mu Xi currently has more than 600 employees, three founders are from AMD company, worked together for more than 10 years.
Among them, Weiliang Chen, the CEO of the company, used to be in charge of GLOBAL GPU SoC design in AMD, with team management ability and mass production experience. Peng Li, chief hardware architect, is AMD's first Chinese female scientist (Fellow) and used to be AMD's chief architect. Yang Jian, chief software architect, is AMD's first scientist (Fellow) in Greater China and has served as chief architect of AMD and Haisi. He has 20 years of experience in large-scale chip and GPU software and hardware design.
Chen Weiliang, founder, chairman and CEO of Mu Xi
In terms of products,The first high-performance universal GPU chip of Muxi was successfully released in January 2022. It adopts 7nm process and mainly uses AI reasoning. It can be applied to artificial intelligence, automatic driving, industrial and manufacturing automation, smart city, natural language processing, edge computing and other fields, and will be mass-produced in 2023. More advanced chips for AI training and scientific computing are in the final stages of development.
On the commercial side,According to its official wechat account, Mu Xi has reached strategic cooperation agreements with UCloud, The Department of Information Science and Engineering of Ocean University of China, and tsinghua Institute of Integrated Circuits. In addition, Mu Xi has joined Huawei's MindSpore open source community.
However, like CPU (central processing unit), GPU also needs to use the most advanced technology due to its high requirements on computing power. At present, TSMC is used for OEM manufacturing, and the industrial chain is not controllable. Moreover, some of the IP of the gpus is licensed by Imagination, a British chip designer, shortening the development cycle of the chips from three to five years to 18 months.
"Many domestic enterprises are using GPU IP authorization, but this chip is not independent of the industry, and it is difficult for overseas IP to guarantee the information security of domestic customers." In an exclusive interview with Ti Media App, Lyu Jianping, CTO of Tianzhicun, said that China'S GPU track should not ignore the importance of "fully independent development and universal technology".
Mu Xi emphasizes that computing power is the core infrastructure in the era of artificial intelligence, and GPU with high performance and versatility is the most important component of computing power. It has become a general computing power engine with strong parallel data computing capacity and good programmability. Security and autonomy can only be ensured by national computing infrastructure to realize the autonomous control of high-performance general GPU.
(The first titanium media App of this article, by Lin Zhijia)
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