Chinese GPU developer Iluvatar Corex nets $148m in extended Series C round

Chinese GPU developer Iluvatar Corex nets $148m in extended Series C round

Iluvatar Corex's 7nm cloud reasoning chip named "Zhikai 100." Source: Iluvatar Corex

Iluvatar Corex, a Chinese developer of graphics processing units (GPUs) for general-purpose computing, has raked in over 1 billion yuan ($148.4 million) in two tranches as part of its extended Series C funding round.