US-sanctioned Moore Threads, China’s AI chip unicorn, moves closer to possible IPO
A Chinese artificial intelligence (AI) chip designer, founded by a veteran of Nvidia’s mainland operations, has become a joint-stock company that paves the way for its initial public offering (IPO), even as the US continues to tighten tech restrictions. The capital base of Moore Threads Technology, a Beijing-based graphics processing unit (GPU) start-up, on October…