News Blacklisted Chinese AI GPU champ Biren preps for IPO at $2.19B valuation

[Admin]

Nvidia's China-based rival Biren hires an investment bank to prep for an IPO at a $2.19 billion valuation while being blacklisted by the U.S. government.

Blacklisted Chinese AI GPU champ Biren preps for IPO at $2.19B valuation : Read more

 

[MacZ24]

The growth of China's semiconductor industry has produced numerous unicorns in recent years, although concerns have been raised about the tech sector's reliance on state-backed investments

Of course, nothing to do with the CHIPS Act : when we do it, it's perfectly OK.

Like propaganda and censorship moderation : just put some lipstick on that pig and it becomes quite ok.

 

[Pierce2623]

Of course, nothing to do with the CHIPS Act : when we do it, it's perfectly OK.

Like propaganda and censorship moderation : just put some lipstick on that pig and it becomes quite ok.

You act like the CHIPS act started it all when realistically the CHIPS act was about just keeping up. It happened because companies are no longer willing to build fabs without government assistance when they know they only have to knock on 3-4 doors to get the money. It has very little to do with the situation in China where companies often exist on 70%-90% government funding, though.

 

[MacZ24]

You act like the CHIPS act started it all when realistically the CHIPS act was about just keeping up. It happened because companies are no longer willing to build fabs without government assistance when they know they only have to knock on 3-4 doors to get the money. It has very little to do with the situation in China where companies often exist on 70%-90% government funding, though.

The US and China are subsidising industries for strategical purposes : it is exactly the same thing.

And since the US is blocking the WTO for some time now, it has no one to complain to.

 

[pround_taiwanese]

Instead of competing fairly on the global market (don't forget the globalization thing has been PUSHED by the U.S. since WW2, which also happened to help China's rise), now it wants to throw all of those rules and agreements away to beat China because "NaTioNAl SeCuriTy", what a sad state the U.S. is in.