Another Domestic GPU Unicorn to Launch IPO, Valued at Over $25.5 Billion 

Moore Threads, a domestic GPU startup founded in 2020, has undergone a shareholding reform and is planning an IPO on Kechuan Board.The company focuses on the development of full-featured GPU chips and solutions to support AI computing and digital transformation of industries. As of April 2024, the valuation reached 25.5 billion yuan, and it was selected in the 2024-Hurun Global Unicorn List. (Direct IPO)

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