MuXi successfully listed, promoting localization of the industry and large-scale implementation of 'chip + AI'

As the global AI competition enters the decisive phase of computing power, a Chinese chip company is attempting to break the monopoly of international giants. On December 17, MetaX Shares$MetaX(688802.SH) was officially listed on the STAR Market, opening the door to the capital market with its fully self-developed "China Chip." On the day of listing, the stock price soared, with an opening price of 700 yuan, reaching a peak of 895 yuan in the morning of December 17, representing a maximum increase of 755% compared to the issue price of 104.66 yuan.

This listing not only fully demonstrates capital's confidence in "domestic substitution" but also serves as a key signal of China's GPU industry transitioning from "following" to "running alongside."

As long-term partners, SenseTime and MetaX have formed a comprehensive collaboration from foundational technology co-development to joint solution development, aiming to become ecosystem builders for domestic AI computing power and further strengthen technological and ecosystem barriers through software-hardware synergy.

SenseTime + MetaX: Jointly Building a "High-Performance + High-Compatibility" Domestic Strategic Landscape

SenseTime, known for its AI multimodal large model capabilities and AI computing infrastructure (referred to as the "AI Data Center"), is committed to promoting the popularization and application of AI technology through innovation. Financial reports show that SenseTime's generative AI revenue in 2024 grew by 103.1%, reaching 2.4 billion yuan, maintaining double-digit growth for two consecutive fiscal years. Behind this growth lies the rigid demand for high-performance computing power.

Meanwhile, MetaX, as a leader in domestic high-performance GPUs, has emerged rapidly in the GPU field with its full-stack solution capabilities, ecosystem compatibility, and product cost-performance advantages. Particularly, its XiYun C-series GPUs not only excel in computing performance but also achieve significant breakthroughs in ecosystem compatibility, making it one of SenseTime's key partners in the domestic layout of the "AI Data Center."

"Computing Cluster + Industry Expansion": SenseTime and MetaX Complete the Supply-Demand Loop for GPU Localization

SenseTime and MetaX share similarities at the strategic level. Public information shows that SenseTime has formed a "trinity" strategic framework of AI Data Center + large models + applications, aiming to establish a complete chain from computing supply to model training and industry implementation. MetaX, on the other hand, has established a market expansion path centered on "1+6+X," focusing on six key industries while continuously exploring X long-tail industry demands.

The collaboration between SenseTime and MetaX goes beyond product procurement and technical support, reaching a long-term stable strategic partnership.

At the product and technology level, the two parties have formed a model of open co-development and sharing of foundational technologies, jointly conducting deep technical adaptation, product solution co-development, and software-hardware collaborative development.

In terms of commercialization, SenseTime and MetaX have ensured the efficient operation of MetaX GPUs in SenseTime's AI Data Center through deep technical adaptation. The two have also jointly developed integrated machines, platform adaptation, model adaptation, and other product solutions to meet the diverse needs of different industry customers. For example, they have jointly optimized adaptations for models like "RiRiXin" and the world model" and completed compatibility certification for domestic chips with SenseTime's AI Data Center, providing strong computing support for AI model training and inference.

At the ecosystem level, to further promote the development of domestic AI computing power, SenseTime and MetaX have achieved effective resource integration and sharing through the "SenseTime AI Computing Mall" ecosystem alliance platform.

SenseTime provides AIDC resources and scenario demands, while MetaX offers GPU hardware and technical support, forming a closed-loop cooperation mechanism of "demand-supply-optimization." This model not only enhances the diversity and autonomy of computing power supply but also reduces construction costs, providing stable support for the continuous iteration of AI technology and industrial application expansion.

Strong Alliance with MetaX: SenseTime Leads the Domestic AI Computing Ecosystem

This "high-performance + high-compatibility" feature has laid a solid foundation for the collaboration between SenseTime and MetaX. First, the rapid implementation and efficient synergy in computing cluster construction have further amplified the value of resource complementarity. Second, ecosystem integration has been achieved in large model product development. Finally, adaptation to multiple industry scenarios enables rapid implementation across various sectors.

For$SENSETIME-W(00020.HK), the introduction of MetaX GPU clusters has diversified the computing power supply of SenseTime's AI Data Center, effectively mitigating risks in high-end chip supply. At the same time, through the adaptation and optimization of domestic GPUs, SenseTime has reduced computing construction costs and improved overall operational efficiency, providing strong support for the continuous iteration of the "RiRiXin" large model and AI application expansion.

From MetaX's perspective, through deep collaboration with industry clients like SenseTime, its products have gained widespread recognition in mainstream demand markets, further enhancing brand influence and market share.

Through comprehensive, multi-level collaboration, the two parties have jointly explored new paths and models for AI computing infrastructure construction. In the future, as cooperation deepens and expands, SenseTime and MetaX are expected to join hands with more partners to build an open, collaborative, and win-win domestic AI computing ecosystem.