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)
This story is from 2026-10-08. It is preserved in the archive; the latest stories are on the live feed.
Bloomberg : 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 Shanghai Biren Technology Co. aims to raise HK$4.04 billion ($515 million) in another share sale to help bankroll
Read the full story at Techmeme ↗
Timeline · 1 report
- 2026-10-08 04:45 · 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)
More stories
- GPT-6 and Intelligent UI for everyone — OpenAI News
- Introducing Claude Haiku 5.5 on AWS — AWS Machine Learning Blog
- Introducing Mistral Large 4 — Mistral AI News
- Mistral Says Its New AI Model ‘Le Chonk’ Is the Best Open-Weight Offering Outside of China — Wired AI
- Sharing AI progress in mathematics — OpenAI News
- NVIDIA, Microsoft Kick Off a New Beginning for Windows PCs With RTX Spark and AI Agents — NVIDIA Blog
- Introducing Playground: Create and play custom games — Google AI Blog
- OpenAI Decisions API now available on AI Gateway — Vercel Blog
Get the daily brief of stories like this at 6:30 every morning →