China Mobile and Hexie Health led a $215m Series B funding round in Moore Threads.

China Mobile, a mobile telecommunication company, and Hexie Health, an insurance company that offers life, health, pension, accident and other insurance services, led a $215m Series B funding round in Moore Threads, a Chinese fabless semiconductor company, with participation from Dianshi Capital. “Moore Threads has developed new-generation, multipurpose GPU products to target metacomputing and the next generation of the Internet. Its products integrate visual computing, AI computing, and other multidimensional, multi-component computing platforms, with the capacity to digitise daily office work, customer service, high-definition video processing, AI applications, and beyond,” Lu Di, Miracle Capital CEO.