From Dealroom · · 40s
Lingchuan Tech Raises $150M for AI Chips
Kuaishou-backed Lingchuan secures $150M Series B for next-gen AI video chips.
In brief
Kuaishou-backed Lingchuan secures $150M Series B for next-gen AI video chips. Lingchuan Technology, a Kuaishou-affiliated AI chip firm, raised $150 million in Series B funding to scale production of 3D-stacked chips for AI video workloads. Originally reported by Dealroom.
Quick answers
- What's the deal?
- Lingchuan Technology, a Kuaishou-affiliated AI chip company, raised US$137.5M (roughly $150 million) in a Series B round.
- What does it do?
- Spun out of Kuaishou Group's heterogeneous computing and chip division in March 2024, Lingchuan designs chips for video-focused AI workloads.
- What's the money for?
- The round will fund research and mass production of next-generation chips, plus global market expansion.
- What is the key takeaway from Lingchuan Tech Raises $150M for AI Chips?
- Lingchuan Technology, a Kuaishou-affiliated AI chip firm, raised $150 million in Series B funding to scale production of 3D-stacked chips for AI video workloads.
What's the deal?
Lingchuan Technology, a Kuaishou-affiliated AI chip company, raised US$137.5M (roughly $150 million) in a Series B round.
What does it do?
Spun out of Kuaishou Group's heterogeneous computing and chip division in March 2024, Lingchuan designs chips for video-focused AI workloads.
What's the money for?
The round will fund research and mass production of next-generation chips, plus global market expansion.
In short
Lingchuan Technology, a Kuaishou-affiliated AI chip firm, raised $150 million in Series B funding to scale production of 3D-stacked chips for AI video workloads.
