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Chinese AI Chip Darling Biren Said to Mull $1 Billion Share Sale

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4 Articles

AI Chip Darling Biren Said to Mull $1 Billion Share Sale

Shanghai Biren Technology Co. is weighing another share sale to help finance its artificial intelligence ambitions, according to people familiar with the situation.

10 hours ago·New York, United States

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Startup Fortune

Biren Technology Is Going Back to Investors for Another $1 Billion

Bloomberg reports Shanghai-based Biren Technology is weighing a roughly $1 billion follow-on share sale, its third capital raise since a blockbuster January 2026 Hong Kong debut that saw shares surge past 76%. The US-blacklisted GPU maker is one of China's 'four little dragons' racing to build Nvidia alternatives.

4 hours ago

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i-cable.com

Biren Technology Reportedly Plans to Raise $1 Billion Through a Share Placement - I-CABLE Cable

[Cable News] Biren Technology intends to raise funds through another share placement. Bloomberg, citing sources, reports that Biren Technology, one of the "Four Little Dragons of Domestic GPUs," is planning to issue new shares to raise funds.

8 hours ago

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