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Biren Technology Raises $207M for AI Chips Ahead of HK IPO
Tech Startups & Entrepreneurship TheDayAfterAI News Tech Startups & Entrepreneurship TheDayAfterAI News

Biren Technology Raises $207M for AI Chips Ahead of HK IPO

Chinese AI chip developer Biren Technology has secured 1.5 billion yuan ($207 million) in funding from state-backed investors as it prepares for a Hong Kong initial public offering. The move supports development of its BR100 GPU amid U.S. export restrictions, aiming to advance domestic AI hardware capabilities.

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