Sources: Japanese chip startup Rapidus seeks to raise ~$696M from existing and new investors by issuing new shares to finance its chip development efforts (Taro Fuse/Bloomberg) https://bit.ly/3yZ8fHm
Taro Fuse / Bloomberg:
Sources: Japanese chip startup Rapidus seeks to raise ~$696M from existing and new investors by issuing new shares to finance its chip development efforts — - Government-funded startup is approaching Mizuho, SMBC and DBJ — Rapidus part of Japan's campaign to regain leadership in chips
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