AI China Emerging Company

Chinese Chip Giant Cambricon Closes Series B With Valuation of $2.5 Billion

Cambricon Technologies announced today that it has secured hundreds of million dollars in its Series B funding round, with investments from China’s State-owned Capital Venture, SDIC Venture Capital, China Capital Investment Group, TCL Capital, CITIC Securities, Alibaba VC, Lenovo Capital & Incubator Group and others.