Moore Threads
摩尔线程
Moore Threads (摩尔线程) is a Chinese GPU chip company founded in October 2020, focused on "full-function" GPUs built on its self-developed MUSA architecture — a single chip supporting AI compute acceleration, graphics rendering, physics simulation, scientific computing and video encoding . Its founding team was described by 5Y Capital as a world-class group with complete GPU design-to-production experience, with core members coming largely from NVIDIA plus talent from Microsoft, Intel, AMD and ARM; the founder had spent 15+ years building a top chipmaker's GPU ecosystem in China . The company raised billions of yuan across two rounds within its first 100 days — including a Pre-A co-led by Shenzhen Capital, GGV and Sequoia China with 5Y Capital participating — and 5Y backed it from the angel round through Series A . Over five years it mass-produced five chips across four GPU architecture generations, scaling up to its KUAE (夸娥) 10,000-GPU intelligent computing clusters for large-model training, and on December 5, 2025 it listed on the Shanghai STAR Market (688795.SH) as the first full-function GPU company to go public in China . As 5Y partner Liu Kai put it, Moore Threads was among the earliest domestic teams to achieve deep compatibility with NVIDIA's software ecosystem and the first to break the 10,000-GPU cluster bottleneck .
AI-generated — may contain errors, please verify.
Coverage
A New Autumn Begins | Z News
Join us as we look back on August's highlights.
An American Engineer's 11 Days in China
China in 2036 will look very different from 2026.
Faster! Even faster! So fast the world can generate in real time | A conversation with Shengshu Technology's Jintao Zhang on Vidu S1, inference acceleration, and real-time interactive video
Qiming Venture Partners Portfolio Company Zhipu AI Open-Sources GLM-5: From Code to Engineering, the Best Open-Source Model for the Agentic Engineering Era
On the authoritative global Artificial Analysis benchmark, GLM-5 ranks fourth worldwide and first among open-source models.
January, Emergence, and Prologue | 5Y News Monthly
The big news from last month.
Where Did the Money Go? Who's Still Writing Checks? A 2025 VC Debrief With Jing Liu
VC takes a certain amount of instinct.
5Y News | Congratulations to Moore Threads on its successful STAR Market IPO!
China's First Homegrown GPU Stock Debuts, Kicking Off a New Era of Self-Reliant Computing Power
Seeing Further Possibilities | 5Y News Monthly
The big news from last month.
Changing Every Today for Tomorrow | 5Y News Monthly
The big news from last month.
Compile Uncertainty into Answers | 5Y News Monthly
The big news from last month.
The Future Unfolds in Every Generation | 5Y News Monthly
The big news from last month.
April: Curiosity and New Paths | 5Y News Monthly
The big news from last month.
The Perfect Storm Behind *Nezha 2*'s Blockbuster Success | FreeS Research FreeS Fund
*Nezha 2*: What Its Blockbuster Success Reveals About Culture, Technology, and Investment
Miracles Come from Perseverance | 5Y News Monthly
The big news from last month.
Faith is not an idea, but a way of life.|5Y News Monthly
Major events from last month.
September: Stay Deliberately Curious | 5Y News Monthly
The big news from last month.
If wisdom lacks the courage of execution, it is all in vain | 5Y News Monthly
The big news from last month.
Change Begins with What You See | 5Y News Monthly
The big news from last month.
Action Is the Simplest Method | 5Y News Monthly
The big news from last month.
You Yourself Are the Newest Year | 5Y News Monthly
The big news from last month.
January, a Fresh Start | 5Y News Monthly
The big news from last month.
Greatness Is Built One Moment at a Time | 5Y News Monthly
The big news from last month.
This time it's GGV. Who's next?
"This is in the best interest of investors, employees, and founders."
September, Sprinting on the Cloud | 5Y News Monthly
The big news from last month.
August: Keep Pushing Forward | 5Y News Monthly
The big news from last month.
July: The Courage to Keep Believing | 5Y News Monthly
The big news from last month.
May, Where Hope Springs Eternal | 5Y News Monthly
The big news from last month.
Pressing Onward, Into the Unknown | 5Y News Monthly
The big news from last month.
"Whatever one man can imagine, other men can make real" | 5Y News Monthly
The major events from last month.
February: Returning to Our Imagination of the World | 5Y News Monthly
The big news from last month.
January: Toward Broader Horizons | 5Y News Monthly
The big news from last month.
Time forever forks, leading toward innumerable futures | 5Y News Monthly
The big news from last month.
The unthinkable is precisely what can be thought. | 5Y News Monthly
The big news from last month.
August: Reasons to Stay Confident | 5Y News Monthly
The big news from last month.
Multiple 5Y Capital portfolio companies named to 2022 "Silicon 100" list | 5Y News
The 100 Most Noteworthy Semiconductor Startups in the World.
MaHui Entrepreneurs | Biren Technology's Wen Zhang: The Story of China's Chip Companies Is Just Beginning
If there's a real chance to transform an industry, you have to try it — even if you lose everything.
February: When the Tiger Roars, the Wind Rises | 5Y News Monthly
The big news from last month.
December, Everything Within Reach | 5Y News Monthly
The big news from last month.
5Y News | Moore Threads Completes Series A Funding, First Domestic Full-Function GPU Successfully Developed
The Infrastructure of the AI Era
November: Foresight and Boundless Imagination | 5Y News Monthly
The big news from last month.
To Better Kick Off March | 5Y News Monthly
The major events of February.
5Y News | GPU chip design company Moore Threads raises billions of yuan in funding within 100 days of founding
Building China's computing acceleration platform.









































