The fundraising, which comes as the company pushes forward with AI chip design and manufacturing ambitions, was led by Chinese private equity firm CITIC Private Equity Funds Management (CPE), the source said. Other investors include IDG Capital, Legend Capital and an industry fund Oriza Hua, the person added.
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Monday, March 15, 2021
Baidu's AI chip unit Kunlun completes new funding, at $2 billion valuation: Source
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