Shanghai-based RISC-V chip technology company StarFive said on Thursday that it has received a strategic investment from Chinese search giant Baidu Inc. The company added that to date it has raised 1 billion yuan ($146.46 million) in financing, calling that a first for the domestic RISC-V sector. The investment reflects a growing trend among Chinese tech giants to pour resources into RISC-V, an open-source technology that some analysts say is less susceptible to sanctions, as Beijing works to fend off mounting export controls from Washington.
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Thursday, 23 March 2023
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