AIBloomberg Techabout 2 hours ago
Biren Raises $515 Million in Share Sale
1 min read
Shanghai-based AI chipmaker Biren aims to raise HK$4.04 billion, or $515 million, through a new share sale to fund its artificial intelligence ambitions. The company places 130 million new shares at HK$31.08 apiece, offering a nearly 10% discount to Wednesday's close.
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