Tianshu Zhixin and industry partners collaborate on the DeepSpark open-source community, focusing on AI and general computing application development and evaluation through the Baida Application Open Platform. The platform curates hundreds of open-source algorithms and models tailored to industry scenarios, supports mainstream ecosystem frameworks, and establishes a multi-dimensional evaluation system to enable broad scenario deployment.

Iluvatar CoreX demonstrates its Tiangai 300 GPU outperforming NVIDIA’s H200 in AI workloads during a live media showcase in China. The company asserts real-world performance gains, though an independent test shows only a marginal 5% advantage. The claims highlight China’s push to compete with U.S. semiconductor dominance in AI hardware.

Oct 2026WccftechNews article

Iluvatar reports accounting profits while its primary inference GPU business remains unprofitable. The company had projected a shift to overall profitability in early 2024, but investors continue to await sustained profitability from its core GPU operations. No concrete revenue or loss figures are disclosed in the update.

Aug 2026Bamboo WorksNews article

Shanghai Iluvatar CoreX Semiconductor is preparing an $800 million share sale in Hong Kong to secure additional capital. The move follows its recent IPO amid rising demand for domestically produced AI chips in China, driven by tightened US export restrictions.

Jul 2026Crypto BriefingNews article

Iluvatar CoreX achieves a 92% increase in annual revenue. The Chinese GPU designer expands its market presence amid growing demand for specialized hardware solutions. The company’s growth reflects rising investments in AI-driven computing infrastructure.

Mar 2026The Economic TimesNews article