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AI Chipmaker Biren Taps Market Again in $515 Million Share Sale

Deals·2 articles across 2 outlets

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Shanghai Biren Technology Co. aims to raise HK$4.04 billion ($515 million) in another share sale to help bankroll its artificial intelligence ambitions.

This move adds to the fundraising spree from Chinese AI companies.

Biren

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