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2024-08-28 15:11:56
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Valued at 16 billion RMB! AI chip unicorn Suiyuan Technology races for A-share IPO, Tencent holds over 20% stake
Domestic AI chip design company Suiyuan Technology has initiated the counseling process for its A-share listing, officially starting its IPO. Established in 2018, Suiyuan Technology focuses on the development of cloud computing products in the AI field, including AI acceleration cards, intelligent computing clusters, and related software and platforms. The company's founders, Zhao Lidong and Zhang Yalin, both possess strong technical backgrounds. One year after its establishment, Suiyuan Technology launched its first-generation AI training chip, SuiSi 1.0, and has now developed to the second generation, SuiSi 2.0, while also developing multiple AI inference chips. In just six years, the company has completed ten rounds of financing, totaling nearly 7 billion RMB.