Hanbo Semiconductor

Vastai Technologies operates in the application-specific semiconductor market, developing GPU and AI-based chips optimized for computer vision and video processing. Its business model centers on the design and sale of these chips to clients in sectors such as data centers, smart cities, finance, and intelligent transportation. The company generates revenue by providing GPU chips and complete hardware and software solutions that address the growing demand for real-time video processing and AI inference in both cloud and edge computing environments. A significant milestone was achieved in 2021 with the launch of its SV series smart chips and the Zaitian VA1 universal acceleration card.

The company's product portfolio includes inference accelerators (VA1, VE1S), video accelerators (VA1V, VE1V), and data center graphics cards. A key product, the 7nm SG100 GPU, integrates rendering, AI, and video capabilities for cloud-based applications like cloud gaming and desktops. Another notable product is the Zaitian VA10 inference card, which is designed for data center applications, while the Zaitian VE1 series targets edge computing with lower power consumption. These products are supported by a software suite that includes VastStream, VastCloudNative, and VastDCManager, designed to facilitate customer adoption and migration to Vastai's hardware. The company has secured substantial funding to support its growth, raising a total of $378 million over three rounds, including a $251 million Series B in January 2022 led by Alibaba Group.