Houmo Intelligence closes multibillion-yuan Series B for on-device AI chips
Overview
Houmo Intelligence has completed a Series B round worth several billion yuan, according to sources cited by Leiphone (雷峰网).
The company says its edge large-model chip M50 has entered mass production, won more than 150 product design wins and served over 100 customers in under a year. The round follows multiple financings over the past year, and the funds will go to scaling M50 deliveries and developing the next-generation M6X and 3D CIM products.
AI Era (新智元), citing 21st Century Business Herald, reports the round was closed quietly without a formal public announcement. That report places it in a wider shift, saying nearly ten domestic on-device AI chip companies announced new funding in September alone as investors move from cloud compute clusters to chips in phones, PCs and robots.
Written by AI from the articles below · updated Nov 3, 11:38 PM ET
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Article timeline
The articles in this story. Times are ET.
- AI EraNewsHoumo AI quietly closes a multibillion-yuan Series B as on-device AI chips scale
AIHoumo AI has completed a Series B round worth several billion yuan, according to 21st Century Business Herald. The report says nearly ten domestic on-device AI chip companies announced new funding in September alone, as investors shift focus from cloud compute clusters to chips in phones, PCs, and robots.
- LeiphoneNewsHoumo Intelligence closes multibillion-yuan Series B as its edge LLM chip M50 wins 150+ design wins
AIHoumo Intelligence has completed a Series B round worth several billion yuan, according to sources, after multiple financings over the past year. The company says its edge large-model AI chip M50 has entered mass production, won more than 150 product design wins and served over 100 customers in under a year. The funds will go to scaling M50 deliveries and developing the next-generation M6X and 3D CIM products.
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