Innosilicon, a Chinese company, announced that it had already developed a new GPU Fantasy 3 (“Fenghua No. 3), which supports Ray Tracing.
To be precise, it appears that we are referring to a line GPUs on which accelerators of different classes and solutions with low power consumption will be created.
We don’t know much more, but Fenghua #1 was based on the Imagination Technologies architecture. In particular, the IMG B-Series BXT cores were used. Although it is not clear if Fantasy 3 is based upon Imagination Technologies’ development, the company has had solutions using hardware accelerated ray tracing for many years, so it is possible.