AITechNodeabout 1 hour ago
Sunrise raises RMB2 billion at RMB20 billion valuation
1 min read
Sunrise, an AI chipmaker spun out of SenseTime's chip business, raised RMB2 billion ($280 million) at a post-money valuation of about RMB20 billion. The financing nearly doubles the company's valuation from its previous round. Sunrise develops AI inference chips as Chinese firms build domestic alternatives.
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