China’s AI Chipmaker Biren Wins $280 Million In Funding Pledge After US Sanction

China’s AI Chipmaker Biren Wins $280 Million In Funding Pledge After US Sanction

Chinese artificial intelligence chip firm Shanghai Biren Intelligent Technology Co. has recently secured a pledge of 2 billion yuan ($280 million) from Guangzhou government-backed investors after the company was blacklisted by Washington in October, according to people familiar with the matter. The startup has also talked to officials in Hong Kong in recent weeks for … Read more