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The Latest Breaking News from MetaX

China's Nvidia Rival Just Hit The Stock Market. Enflame Is Riding The AI Chip Boom And Soaring.

The Shanghai listing raised about $912 million to fund Enflame's next generations of AI processors, even as the company remains unprofitable.

International Business Times

Tech Brief (March 27): Pony AI Robotaxi Revenue Jumps 129% as Fleet Expands

Meituan swings to 2025 net loss on bruising delivery war, China Mobile reports slowing revenue and profit growth

Caixin Global

Is MetaX a NVIDIA Threat—or Just Another DeepSeek Market Scare?

MetaX’s 700% IPO pop spooked AI investors, but NVIDIA's ecosystem, results, and Wall Street targets point to a longer-term threat for the stock in 2026.

MarketBeat

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Tech Brief (Oct. 27): Huawei EV Partner Seres Unveils Hong Kong IPO Plan

AI chipmaker MetaX gets nod for STAR Market IPO, Tencent says 90% of its engineers use AI for coding

Caixin Global

Cover Story: U.S. and Chinese Chipmakers Tread Different Paths in AI Gold Rush

As U.S. tech giants pursue compute-heavy infrastructure, China bets on power in numbers with homegrown innovation and modular design

Caixin Global

China Doesn't Need Nvidia Anymore: Alibaba's New Chip Is A Challenge To Washington

Alibaba Group Holding Ltd (NYSE:BABA) (NYSE:BABAF) has just raised the stakes in the U.S.–China tech rivalry. The Chinese e-commerce and cloud giant has unveiled a new AI chip designed to reduce reliance on Nvidia, Washington's favorite export-turned-bargaining chip.

Benzinga

Nvidia's Chinese Rivals Look To Cash In On US Tech Ban: Moore Threads, MetaX Plot $1.65 Billion IPO

Two Chinese artificial intelligence chip startups, Moore Threads and MetaX, are planning to raise a combined 12 billion yuan ($1.65 billion) through initial public offerings (IPOs).

Benzinga

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Blacklisted Chinese GPU makers line up to file for IPOs as US sanctions and trade war take toll on AI hardware market

Amid rising demand for AI hardware in China and U.S. sanctions, China's GPU industry is rapidly expanding, with companies like Biren, Moore Threads, MetaX, and Zhaoxin pursuing IPOs to secure funding and strengthen their position.

Tom’s Hardware

China gives local companies funding to buy homegrown GPUs — aiming for self-sufficiency by 2027

The city government in Beijing has outlined plans to subsidize companies that buy Chinese-made processors. Its draft policy has a strong emphasis on GPUs, as they have been most badly affected by US export controls

Tom’s Hardware

Chinese GPU Maker MetaX Emerges With Xisi N100, Gaming Card Coming Soon

Chinese GPU developer MetaX introduces compute GPU for AI and video processing, promises gaming GPUs by 2025.

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