DeepX tops $13 million in DX-M1 orders within a year of mass production

DeepX said it has secured more than $13 million in commercial purchase orders for its on-device AI chip DX-M1 within a year of starting mass production last August, reflecting stronger adoption of edge AI semiconductors that process data locally without relying on cloud connections. Cumulative DX-M1 purchase orders reached 77 by the end of July, with 48 of them booked since April, as orders and repeat orders spread across overseas markets and pushed international sales to more than half of cumulative revenue. DeepX said the chip has won business in more than 10 countries and regions, while the markets it specifically listed were South Korea, the United States, China, Europe, Taiwan, Hong Kong, Japan, Singapore and India. Built on Samsung Electronics' 5-nanometer process, the neural processing unit is being used in robotics, smart factories and manufacturing automation, smart mobility and intelligent transport systems, mission-critical and aerospace applications, AIoT, healthcare, AI IT services and edge computing, and video surveillance and security. The company said it conducted preliminary evaluations with more than 400 companies before mass production, then expanded distribution through 27 semiconductor partners, more than 50 hardware and module companies, and open ecosystems such as Raspberry Pi, Baidu PaddlePaddle and Ultralytics, while it develops the DX-M2 on Samsung Electronics' 2-nanometer process for roughly 5-watt generative AI workloads.

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