BTC $78,390.08 +2.56%
ETH $2,324.30 +3.30%
BNB $702.13 +1.50%
XRP $1.28 +2.37%
SOL $93.26 +1.82%
TRX $0.3219 +0.22%
DOGE $0.0752 +2.18%
ADA $0.1918 +3.18%
BCH $276.43 +0.59%
LINK $11.18 +0.96%
HYPE $86.79 +4.34%
AAVE $131.25 +3.28%
SUI $0.9156 +6.28%
XLM $0.1638 +1.78%
ZEC $1,290.90 +14.69%
AAPL $331.51 +0.94%
AMZN $252.78 +3.01%
GOOGL $280.05 +0.11%
MSFT $519.91 +2.69%
META $623.60 +2.63%
NVDA $208.20 +2.14%
TSLA $381.79 -5.29%
SNDK $1,133.14 +4.67%
INTC $60.07 -1.07%
SPCX $136.11 -0.79%
MU $859.57 +1.88%
AMD $522.00 +10.20%
BTC $78,390.08 +2.56%
ETH $2,324.30 +3.30%
BNB $702.13 +1.50%
XRP $1.28 +2.37%
SOL $93.26 +1.82%
TRX $0.3219 +0.22%
DOGE $0.0752 +2.18%
ADA $0.1918 +3.18%
BCH $276.43 +0.59%
LINK $11.18 +0.96%
HYPE $86.79 +4.34%
AAVE $131.25 +3.28%
SUI $0.9156 +6.28%
XLM $0.1638 +1.78%
ZEC $1,290.90 +14.69%
AAPL $331.51 +0.94%
AMZN $252.78 +3.01%
GOOGL $280.05 +0.11%
MSFT $519.91 +2.69%
META $623.60 +2.63%
NVDA $208.20 +2.14%
TSLA $381.79 -5.29%
SNDK $1,133.14 +4.67%
INTC $60.07 -1.07%
SPCX $136.11 -0.79%
MU $859.57 +1.88%
AMD $522.00 +10.20%

pan

All
Article
Flash

first_img AI inference chip company MoXin has completed nearly 1 billion yuan in Series C+ financing

According to a report by the Science and Technology Innovation Board Daily, AI inference chip company MoXin Artificial Intelligence Technology (Shenzhen) Co., Ltd. recently announced the completion of nearly 1 billion RMB in C+ round financing, with investors including Renai Capital, Haitang Fund, Dongheng Petroleum, Biqiu Capital, Pala Capital, and Zhongcai Capital. The funds will be used for software and hardware upgrades of sparse dedicated inference chips, research and development of the next generation of chips, and collaborative research between industry and academia in sparse computing. The company disclosed that this financing round occurred about 5 months after the previous round of nearly 1 billion RMB, with a total of nearly 2 billion RMB raised across both rounds.In the C round financing disclosed in May this year, institutions such as Shenzhen Capital Group, Greater Bay Area Common Home, Liding Capital, and Yunsheng Capital participated, while existing shareholders like Kaixuan Venture Capital, Shengjing Jiacheng, and Yanshan Technology continued to invest. MoXin was founded in 2018 and is headquartered in Shenzhen, primarily developing AI inference chips, computing cards, and supporting software for data centers and industry clients. Founder and CEO Wang Wei has a master's background in Electronic and Computer Engineering from Carnegie Mellon University and has previously worked at Qualcomm and Intel.The company has launched computing cards such as the S4, S30, and S40, equipped with one, three, and four self-developed Antoum chips, respectively. The company plans to launch a new generation of computing card SP200 by the end of this year and release an upgraded software stack SECA. According to the company, its inference clusters have been deployed in regions such as Northwest, Southwest, East China, and North China, and partnerships have been established with leading telecommunications operators; revenue is expected to grow several times by the third quarter of 2026, but the revenue amount and growth comparison base period have not yet been disclosed.

Zhao Changpeng: Binance quickly responded to the attack incident to prevent panic from spreading, and user trust in the platform is quite solid

Binance founder Zhao Changpeng stated in an interview, "After the attack incident, Binance quickly stepped up to clarify that user funds were not affected and user assets are safe. Although this is just a very simple statement, it effectively prevented panic from spreading further and avoided a chain reaction.Everyone understands that this incident will not have further spillover effects. Unlike previous cases where some platforms or lending protocols went bankrupt, ultimately causing users to bear losses, this time users will not be forced to bear related losses. This is fundamentally different from some past events, which often triggered second and third rounds of chain reactions. I believe that, first, this statement calmed everyone down. Secondly, Binance's ability to make such a commitment based on its own credibility also made users willing to believe this statement. After all, many fund flows and transaction records on the blockchain are public and transparent.However, this situation is different; users understand that Binance has sufficient financial strength to bear related losses. Binance has the SAFU (Secure Asset Fund for Users), a futures insurance fund, as well as very strong capital strength and a solid balance sheet. It is this ability to respond quickly, take responsibility proactively, and ensure that all users are protected and all losses are compensated that has gradually restored calm to the market.One interesting point: on the day of the incident, the decline in the cryptocurrency market was actually smaller than that of the tech stock market, a situation that is almost unprecedented. Typically, when the stock market declines, the crypto market often experiences a larger drop, as investors looking to hold cash tend to sell off crypto assets. But this time, even with such a severe hacking attack on the crypto industry, the market decline was smaller. I believe this indicates that investors overall remained quite calm, and it reflects the solid trust in the platform that has been gradually built over the years. I feel very proud of this."

OpenAI's self-developed Git backend Pando has launched and has taken over the main code repository

After Cursor and Anthropic, OpenAI announced its self-developed Git backend Pando, which has now taken over the company's entire main code repository. Over the past year, Codex has enabled engineers to deploy a large number of Agents to write code simultaneously, resulting in an increase in code branches, pushes, merges, and pull requests. OpenAI's original system experienced frequent stalls and merge failures, with reliability even dropping below 90%.One engineer is responsible for the core architecture design, and multiple Codex Agent teams participated in the implementation, with Pando going into production in 10 weeks. This backend allows code pushes from different branches to be processed in parallel without queuing each other. When pulling code, data packets are no longer generated separately for each client but instead reuse existing Git data packets, distributing them directly through caching. After the transformation, the median latency of code pushes was reduced by nearly 80%, distributing nearly 1 PB of data daily, with a cache hit rate exceeding 99%, but different branches no longer guarantee to present the same state at the same moment.Cursor's Origin is still based on Git, primarily aimed at replacing GitHub as a code hosting service. Anthropic's Scion, on the other hand, has abandoned Git, placing commits, merges, and historical queries on the server side. OpenAI retains the Git client and protocol, only reconstructing the backend, so engineers and Agents do not need to change their original development processes significantly.
app_icon
ChainCatcher Building the Web3 world with innovations.