➀ Deity Pioneer, a domestic GPU manufacturer, announced its dissolution on August 30, laying off all 400 employees. ➁ The company had previously faced financial difficulties, including layoffs of fresh graduates and salary reductions. ➂ Despite launching two GPU products, the company failed to gain market recognition and ran out of funding, leading to its closure.
Related Articles
- Shanghai GPU Unicorn Layoffs Reach 200 Employees3 months ago
- NVIDIA's new Thor chip for smart EVs picked up by BYD, SAIC Motors, other Chinese EV companies6 months ago
- NVIDIA surpasses Apple as the single most valuable company in the world7 months ago
- [News] Datacenter GPUs May Have an Astonishingly Short Lifespan of Only 1 to 3 Years7 months ago
- Essential Insights into GPU Training and Rendering Technologies8 months ago
- NVIDIA's high-end RTX 40 series GPU production slashed by 50% preparing for RTX 50 series GPUs10 months ago
- Intel Panther Lake-H, Panther Lake-U CPU details: up to 16 cores, Xe3 'Celestial' GPU, 5 Tiles11 months ago
- GeForce RTX 4070 prototype with 10GB of VRAM emerges, thankfully we got 12GB11 months ago
- Intel Arc Battlemage X2 and X3 GPUs spotted: up to 448 EUs on a 256-bit memory bus11 months ago
- Intel says you can download more FPS for Lunar Lake — new driver promises up to 10% higher average frame rates, 25% improvement in 99th percentilesabout 23 hours ago