According to CoinMeta, MoXin Artificial Intelligence announced the completion of a nearly 1 billion yuan C+ round of financing. This round of financing was jointly participated in by Renai Capital, Haitang Fund, Dongheng Petroleum, and other top domestic industry players, as well as Bikou Capital, Pila Capital, Zhongcai Capital, and others. The funds raised will be used for the full-stack upgrade of sparse dedicated inference chips, with a focus on conducting preliminary research on next-generation chips, while also advancing the construction of a sparse computing industry-university-research alliance.