China’s Biren seeks US$900m to fund GPU push and challenge Nvidia amid AI boom
Chinese artificial intelligence chipmaking champion Shanghai Biren Technology is raising HK$7 billion (US$892.5 million) to boost production of…
Alibaba, Baidu’s IPO plans for AI chip design units heighten China’s self-reliance drive
The two Chinese internet peers’ initiatives reflected the strong investor appetite for AI chip firms and growing demand…