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Founding investor SDIC Venture Capital sells nearly all its stake in Cambricon

Summary by South China Morning Post
Cambricon has struggled after being blacklisted by the US and has seen losses mount despite the hype around AI chips and chatbots like OpenAI’s ChatGPT.

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South China Morning PostSouth China Morning Post
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Founding investor SDIC Venture Capital sells nearly all its stake in Cambricon

Cambricon has struggled after being blacklisted by the US and has seen losses mount despite the hype around AI chips and chatbots like OpenAI’s ChatGPT.

·Hong Kong
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South China Morning Post broke the news in Hong Kong on Monday, September 25, 2023.
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