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Chinese AI Chip Darling Biren Said to Mull $1 Billion Share Sale
Source: Bloomberg
Artificial IntelligencePrivate Markets & VentureTechnology & Innovation
Shanghai Biren Technology is considering another share sale to fund its artificial-intelligence ambitions, according to people familiar with the matter. The potential financing would support the Chinese AI-chip developer's expansion efforts, though deal size, timing and valuation were not disclosed.
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