Smart car chip firm Cambricon SingGo announced on September 22 that it has received investment from Robert Bosch Venture Capital GmbH (RBVC) under Germany's Bosch Group.
During the 2022 World Artificial Intelligence Conference (WAIC) on September 1, Chen Tianshi, the chairman of Chinese AI chip firm Cambricon, disclosed that the company is developing three autonomous driving chips spanning L2-L4 functions.
Beijing-based artificial intelligence enterprise Cambricon disclosed its plan for increasing private placement, intending to issue shares to specific targets raising capital with a total of 2.65 billion yuan ($395.1 million).
AI computer chip technology company Cambricon on February 25 released its 2021 annual performance report, showing revenue of 721 million yuan ($114.3 million) during the period.
AI chip company Cambricon released their performance report for the first half of this year. During the period, the company’s revenue reached 87.2 million yuan, a year-on-year decrease of 11.01%.
Beijing-based AI chipmaker Cambricon was officially listed on the Sci-Tech Innovation Board on July 20, 2020, with an issue price of 64.39 yuan per share, a 288% increase at the opening.