Cambricon
<cite index="31-1,31-2">Cambricon, founded in February 2015 and headquartered in Beijing, is an AI chip developer established by Chen Tianshi and has received financings from Heli Capital, Chinese Academy of Sciences Venture Capital and Alibaba, among others.</cite> <cite index="30-10,30-11,30-12">Cambricon has mastered core technologies in intelligent chips and foundational system software, with its 7nm Shenwei 590 chip delivering 80%-90% of NVIDIA A100's performance while achieving over 20% higher energy efficiency, with mass production begun for Alibaba Cloud and Tencent Cloud.</cite>
<cite index="30-13">Q1 2025 revenue surged 4,230% year-over-year to RMB 1.111 billion, with net profit reaching RMB 355 million to achieve profitability.</cite> Listed on Shanghai STAR board, 7nm chip in mass production.
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