Chinese AI chip provider Cambricon seeks $400m in STAR Market IPO

Chinese AI chip provider Cambricon seeks $400m in STAR Market IPO

Photo by Alexandre Debiève on Unsplash

Chinese AI chip unicorn Cambricon Technologies aims to raise up to 2.8 billion yuan ($400 million) in an initial public offering (IPO) on the STAR Market, according to a filing seen by Chinese media.