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Biren Weighs US$1 Billion Share Sale as China's AI Chip Funding Race Intensifies

  • Infra & Chips
  • Funding & M&A

Shanghai Biren Technology Co. is considering a fresh share sale of about US$1 billion, a follow-on financing that could come only months after the Chinese AI-chip developer raised about US$900 million in July. The potential deal, still at an early stage, would test investor appetite for domestic GPU makers at a moment when China's AI infrastructure push is pulling large amounts of capital into chips, models and data centers.

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