Rivian claims to have invested hundreds of millions of dollars in developing its own chips.
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Siasun Robot & Automation Co., Ltd. completes A+ round financing of hundreds of millions of yuan.
According to Mars Finance, Siasun Robot & Automation Co., Ltd. announced the completion of its Series A+ equity financing round, raising hundreds of millions of yuan. The round was jointly led by Hongtai Fund and CDH Investments, with participation from well-known capital firms such as China Chengtong Fund, Dazhong Juding, and Guangzhou Suyuan. Existing shareholder Dongjun Capital also increased its investment.
Phyto-intelligence company Opto-Elephant Technology has completed hundreds of millions of yuan in angel round financing.
Recently, Guangxiang Technology announced the completion of its angel round of financing, totaling hundreds of millions of yuan. This latest round saw deep participation from leading financial and industrial investment firms, including Zhuhai Science and Technology Industry Group, Xingzheng Capital, Songhe Capital, Shunxi Fund, Muhua Kechuang, See Fund, Yichen Capital, and listed company Xingyun Technology. Existing shareholders 01VC and L2F Light Source Entrepreneur Fund also continued to invest. It is understood that this round of funding will be primarily invested in the research and development of physical native base models and the commercial delivery of embodied intelligent robot products. (Daily Economic News)
Gowin Semiconductor completes pre-IPO financing round of hundreds of millions of yuan.
According to Mars Finance, Gowin Semiconductor has announced the completion of its Pre-IPO round of financing. The total financing amount reached hundreds of millions of yuan. This Pre-IPO round was jointly participated in by local state-owned enterprises including Guangkai Fund, Guangzhou Industrial Control Capital, Yuexiu Industrial Fund, Guangzhou Financial Holdings Fund, Knowledge City Venture Capital, Guochuang Group (the asset management platform of the Greater Bay Area National Innovation Center), and Panyu Industrial Investment. Simultaneously, it successfully attracted several industrial capital investors, including Hengxu Capital, Renfa Investment, Liangxi Science and Technology Innovation Industry Phase II Fund of Funds (managed by Bohua Industrial Investment), as well as professional technology investment institutions such as Langzi Hanyuan, Jingxiang Capital, and Zhongguang Venture Capital.
Basepoint Origin completes hundreds of millions of yuan in series financing
Mars Finance reported on June 26th that AlignBase, an industrial large-scale model company, has completed its third round of financing, raising hundreds of millions of yuan. The financing was jointly participated in by several well-known investment institutions, including Guoke Investment, Electric Control Industry Investment, Shanghai Semiconductor Industry Investment, Jiantou Investment, Xinheda, Chonglin Capital, and Hardcore Nuts Capital. The funds will be primarily used for the continued R&D of core technologies for full-element large-scale models and the deepening of industrial scenario solutions. (Venture Capitalist CLUB)
Zhipu surged over 10% after reports indicated it was considering developing its own AI chips.
PANews reported on July 8 that, according to Jinshi News, Zhipu (02513.HK) rose by more than 10%, with a turnover of over HK$6 billion. The report stated that Zhipu is considering developing its own AI chip to cope with the rapid growth in demand for GLM models.
ING: Nvidia's profit margins are threatened by customers developing their own chips.
According to Mars Finance, on July 7th, Jan Frederik Slijkerman of ING wrote in a report that Nvidia's ability to maintain profit margins is uncertain as tech giants develop their own chips. He pointed out that major customers such as Microsoft, Alphabet, and Amazon are developing their own custom chips to help control AI infrastructure costs (capital expenditure efficiency). He stated that, therefore, Nvidia's pricing power may face more intense competition than in recent years, making it more difficult for it to maintain its currently extremely high profit margins in the long term, despite the company's expansion into new business lines.