Core Viewpoint - The company, Cambricon (688256), has received approval from the Shanghai Stock Exchange for its application to issue shares to specific investors, with plans to raise up to 4.98 billion yuan for AI model-related chip and software platform development [1][3]. Group 1: Fundraising and Investment Plans - The planned fundraising aims to raise no more than 4.98 billion yuan, with 2.9 billion yuan allocated for chip platform projects, 1.6 billion yuan for software platform development, and 480 million yuan for working capital [3]. - The fundraising projects will focus on the evolving demands of large model technologies, aiming to innovate smart processor technologies and develop a series of chip solutions for various large model task scenarios [3]. Group 2: Company Position and Industry Context - As a pioneer in the domestic AI chip sector, Cambricon has established a comprehensive product matrix since its founding in 2016, launching cloud and edge computing products that have achieved commercial success across various industries [4]. - The recent fundraising initiative aligns with the exponential growth in global AI computing demand driven by large models like ChatGPT, positioning Cambricon to enhance its technological advantages in AI infrastructure [4]. - The collaboration between chip and software platforms is expected to address computational efficiency challenges and optimize the entire process of algorithm development and application deployment, potentially overcoming bottlenecks in large model implementation [4].

作为国内AI芯片领域的先行者，寒武纪自2016年成立以来已形成完整的云边端产品矩阵。公司凭借智能处理器指令集、芯片微架构等核心技术，先后推出 思元系列云端芯片和边缘计算产品，在运营商、金融、互联网等多个行业实现商业化落地。此次加码大模型芯片研发，将进一步巩固其在AI算力基础设施 领域的技术优势。 行业分析指出，随着ChatGPT等大模型的爆发，全球AI算力需求呈现指数级增长。寒武纪此次定增紧扣行业技术演进趋势，通过"芯片+软件"协同创新，构 建面向大模型的全栈解决方案。芯片平台项目将提升复杂模型下的计算效率，软件平台则致力于优化算法开发和应用部署的全流程，二者协同有望突破大模 型落地中的算力瓶颈。 值得注意的是，本次定增尚需获得中国证监会同意注册后方可实施。若顺利落地，将显著增强寒武纪的研发实力和资金储备，为其在激烈的AI芯片竞争中 赢得先机。在AI大模型引发全球算力军备竞赛的背景下，寒武纪的战略布局或将重塑国产AI芯片产业格局。 8月15日，AI芯片龙头企业寒武纪发布公告称，公司向特定对象发行股票的申请已获上交所审核通过，后续将提交中国证监会履行注册程序。本次定增拟募 集资金不超过49.8亿元，主要用于面向 ...