China’s Biren raises $892M to build GPUs that can take on Nvidia at home
Nvidia can barely sell its best chips in China. A crop of local challengers is racing to fill the gap. One of them just raised nearly $900m to speed up. Shanghai Biren Technology is selling HK$7 billion (about $892.5m) of new shares to boost GPU production. That is according to the South China Morning Post. […]<br /> This story continues at The Next Web [...]
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