Biren’s $717M Hong Kong IPO: China’s AI chip bet goes public
What Changed and Why It Matters Biren, a Shanghai AI chip designer, went public in Hong Kong after raising about $717 million. The stock priced at HK$19.60 and surged on…
What the Groq–Nvidia deal reveals about survival in AI chips
What Changed and Why It Matters Nvidia just moved to absorb Groq’s core technology through a structured deal. Reports frame it as a licensing-led, quasi-acquisition rather than a clean buy.…
Smuggled GPUs and H200 exports: China’s next AI playbook
What Changed and Why It Matters Reports allege China’s AI labs are training next-gen models using smuggled Nvidia chips. Nvidia denies a flagship case. Meanwhile, U.S. policy quietly loosened on…