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Rumor: AI Chipset Developer Cambricon Wins New Funding at USD 2 Bln Valuation

Sootoo, 4/04/18

Beijing-based AI chipset developer and unicorn Zhongke Hanwuji Technology (Cambricon) has reportedly completed funding from China State-owned Venture Capital and CMB International Capital with varying degrees of participation from previous investors at a valuation of USD 2.0 bln.

Editor's Note: For more information on this topic, please see AI Chipset Developer Cambricon Raises USD 100 Mln Series A, MD 8/18/17 issue.

Keywords: semiconductor chipset hardware funding valuation CMB International Capital Zhongke Hanwuji China State-owned Venture Capital Cambricon VC artificial intelligence


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