英伟达中国一把手造国产GPU，冲刺IPO了

Core Viewpoint - The article discusses the upcoming IPO of Moore Threads, a domestic GPU company in China, highlighting its rapid growth and significant backing from notable investors [1][2][3]. Company Overview - Moore Threads was founded in June 2020 and has a registered capital of 330 million yuan. The actual controller, Zhang Jianzhong, holds 44.07% of the shares [7][8]. - The company has completed six rounds of financing, raising over 4.5 billion yuan, with a valuation of 25.5 billion yuan as of last November [3][4]. Investment and Market Response - The company has attracted investments from prominent firms such as Sequoia China, Tencent, ByteDance, and Pony.ai, indicating a strong investor confidence [5]. - Following the news of its IPO progress, several related stocks, including Heertai, saw significant price increases, with Heertai rising over 8% [6]. Product and Technology Development - Moore Threads focuses on providing a full-function GPU, utilizing the MUSA architecture, which integrates AI computing acceleration, graphics rendering, video encoding/decoding, physical simulation, and scientific computing [9]. - The company has developed various products for both B-end and C-end markets, including the MTT S4000 model for large model training and the MTT X300 professional graphics card [10][13]. Competitive Landscape - Other companies in the same IPO wave include Suiyuan Technology and Birun, both focusing on AI training and computing solutions, showcasing a growing trend in the domestic chip industry [14][15].