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