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xiangdixian, a chinese gpu company, once relied on its ambition to build a "safe and reliable high-performance core computing engine" for china's information industry. they targeted the field of information innovation and contributed to the development of china's information industry. however, reality is often more cruel than ideal.

in september 2023, xiangdixian announced its dissolution. this news was like a bolt from the blue and had a huge impact on the technology circle.

"xiangdixian is not the first gpu company to fall," wu mengfei analyzed, "a similar situation has happened to lisuan technology." lisuan technology also pursues technological innovation, but its development path has not been smooth. in 2022, it completed the angel round and pre-a round of financing with a financing scale of 300 million yuan. however, since 2023, due to various reasons such as the inability to leverage new investment and high operating costs, lisuan technology has begun to stage various plots such as wage arrears and layoffs.

xiangdixian and lisuan technology have both demonstrated the cruel reality of competition in the gpu market. competition is increasingly fierce in nvidia's "general computing" field and the application market in the field of information technology innovation. xiangdixian's target market is mainly information technology innovation (information technology application innovation), and the extremely long customer payment cycle is one of the characteristics of the information technology innovation market. if the balance is not good, startups with insufficient funds will be "dragged" to death.

there are many complex reasons behind this, such as market environment, r&d investment, profit model, etc. these factors jointly affect the development of enterprises, making it difficult for them to achieve rapid growth and profitability.

in the fiercely competitive gpu market, xiangdixian faces huge challenges. they need to find a new direction, reposition themselves, and work hard to turn the situation around. however, facing the cruel market environment and the impact of competitors, can xiangdixian regain its dream?