MetaX and UBTech robot chip venture Xilect raises CNY500 million angel round

Xilect, a robot-chip venture formed by Chinese GPU designer MetaX and humanoid robot maker UBTech Robotics, has completed a CNY500 million (US$74.76 million) angel round to build domestic computing chips, aiming to challenge Nvidia's Thor.

Read the full story at DigiTimes Asia ↗

Timeline · 1 report

2026-11-14 17:58 · DigiTimes Asia
MetaX-UBTech robot chip venture Xilect raises CNY500 million to take on Nvidia Thor

More stories

Jensen Huang resigns as Nvidia CEO amid China spy scandal — TechCrunch AI
Anthropic’s IPO Is About Six Times Oversubscribed — Bloomberg AI
Nvidia CEO's downfall raises questions about company's future — Fortune AI
Jensen Huang resigns as Nvidia CEO, board says departure effective immediately — DEV Community — AI
Lawyer's eight-V100 server runs DeepSeek-V4.1-Flash locally at near-NVFP4 quality — r/machinelearningnews
Treasury Secretary Bessent calls for accountability over Nvidia AI chips reaching China — The Next Web
Malaysia probes whether imported Nvidia-linked AI chips were re-exported — Vox Artificial Intelligence
AWS releases AWS Emulator, a free tool that simulates 200+ services locally, saying AI agents wrote it and its team hasn't written or reviewed any of its code — Techmeme

Get the daily brief of stories like this at 6:30 every morning →