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Filing: Shanghai-based AI chipmaker Biren raises ~$515M in a new share sale; Biren's Hong Kong-listed stock is down 50%+ from a June peak but up ~70% YTD (Bloomberg)

Shanghai-based AI chipmaker Biren seeks to raise about $515 million in a share sale, according to a filing. The company’s Hong Kong-listed stock is down more than 50% from a June peak but up about 70% year to date.

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  1. Techmeme

    Filing: Shanghai-based AI chipmaker Biren raises ~$515M in a new share sale; Biren's Hong Kong-listed stock is down 50%+ from a June peak but up ~70% YTD (Bloomberg)

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