Cambricon

AI Chip Startup Cambricon Reported to Have Conducted Layoffs Without N+1 Compensation

On Chinese workplace social platform Maimai, several employees claiming to be from Chinese AI chip startup Cambricon revealed that the company is conducting layoffs without an N+1 salary compensation.

Cambricon SingGo Secures Investment From Bosch

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.

Cambricon Unveils Three Autonomous Driving Chips Under Development

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.

Cambricon Plans to Raise $395M for R&D Through Private Placement

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 Chip Firm Cambricon Reports 95% YoY Increase in Net Losses

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.

Cambricon Semi-annual Financial Report: Sales Increases by 11%, Revenue Drops by 11%, Market Value Falls by 40%

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%.

Chinese AI Chip Giant Cambricon Kicks Off Trading on STAR Market, Share Price Soars 288%

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.

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