Moxin AI has completed nearly RMB 1 billion in Series C+ financing. The investor lineup includes leading domestic industry players such as Ren'ai Capital, Haitang Fund, and Dongheng Petroleum, alongside Biqiu Capital, Paila Capital, and Zhongcai Capital. The proceeds will be allocated toward full-stack upgrades of sparse dedicated inference chips, preliminary research on next-generation chips, and the establishment of an industry-academia-research alliance for sparse computing.