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Chinese AI chip startup Biren surged as much as 119% in its Hong Kong debut, after raising ~$717M in an IPO priced at ~$2.52 per share (Bloomberg)

Bloomberg : Chinese AI chip startup Biren surged as much as 119% in its Hong Kong debut, after raising ~$717M in an IPO priced at ~$2.52 ...

25 March 2024

UXL Foundation, backed by Google, Intel, and others, plans to build tools to power multiple types of AI accelerator chips and break Nvidia's CUDA dominance (Max A. Cherney/Reuters)

Max A. Cherney / Reuters:
UXL Foundation, backed by Google, Intel, and others, plans to build tools to power multiple types of AI accelerator chips and break Nvidia's CUDA dominance  —  Nvidia (NVDA.O) earned its $2.2 trillion market cap by producing artificial-intelligence chips that have become the lifeblood powering …

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