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AI CURATED HOT STORY · 10/16/2026

Li Auto's Chip Subsidiary MachinX Raises 1.6 Billion Yuan at Up to 17.1 Billion Valuation

1 reports archived1 independent sourcesupdated 10/16/2026, 16:49:07
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Li Auto's chip subsidiary MachinX has completed its first funding round of 1.625 billion yuan, reaching a post-money valuation of up to 17.1 billion yuan. The capital injection supports the mass production and iteration of its self-developed automotive-grade AI chip, Mach M100, reinforcing Li Auto's autonomous control over intelligent driving compute infrastructure.

LATEST/Li Auto's chip subsidiary MachinX has completed its first funding round of 1.625 billion yuan, reaching a post-money valuation of up to 17.1 billion yuan. The capital injection supports the mass production and iteration of its self-developed automotive-grade AI chip, Mach M100, reinforcing Li Auto's autonomous control over intelligent driving compute infrastructure.

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Total 1 reports · Latest first
  1. IT之家 · IT业界T2·68 pts
    • MachinX completed a 1.625 billion yuan first-round financing, with Li Auto retaining ~74% controlling stake.
    • If additional subscription rights are fully exercised, the post-money valuation could reach 17.1 billion RMB.
    • The core asset is the mass-produced Mach M100 chip, featuring 5nm process and 1280 TOPS single-chip compute power.