Recently, ThinkForce, a prominent reconfigurable computing enterprise supported by Tsinghua University, has successfully concluded its Series D and Pre-IPO funding rounds, formally embarking on its journey towards a public listing. It has now become the final unicorn among China's "Four Great Kings of AI Chips in Beijing"—Cambricon, Moore Threads, Kunlunxin, and ThinkForce—to make a push for a public listing (in this context, "sprint" means "strive for").

Drawing on 20 years of technological expertise from Tsinghua University, ThinkForce is dedicated to the research and development of reconfigurable computing chips (RPUs). Its innovative architecture merges the high energy efficiency characteristic of ASICs with the flexibility inherent in GPUs, delivering energy efficiency more than 10 times that of traditional GPUs. The company has successfully mass-produced over ten chips across two main series, TX5/TX8, catering to a full range of applications from cloud to edge to end devices, with cumulative shipments surpassing 30 million units.

By 2025, ThinkForce has already secured orders for over 30,000 computing cards. These cards are designed to support the deployment of trillion-parameter large models, while simultaneously reducing costs by 50% and tripling energy efficiency. In December 2025, ThinkForce completed a Series C funding round that raised over 2 billion yuan, led by Beijing Energy Group, with the company's valuation soaring past 20 billion yuan. The investor lineup includes the National Integrated Circuit Industry Investment Fund Phase II, Ant Group, Baidu, and other prominent entities. This influx of capital will expedite the research and development of next-generation high-performance computing chips and facilitate ecological expansion, further cementing ThinkForce's leading position in China's non-GPU new architecture chip sector.