Image: BigGo FinanceA-share pre-market briefing: Inspur Electronic Information plans 9 billion yuan placement to boost AI computing power; CATL kicks off up-to-40-billion-yuan buyback — BigGo Finance
• Inspur Electronic Information announced a plan to raise up to 9 billion yuan (approximately $1.3 billion) through a private placement of shares to no more than 35 qualified investors. • The company will allocate 2.6 billion yuan of the proceeds toward boosting AI computing power. • This capital move allows the company to scale its infrastructure to meet the National Data Administration's goals for embodied intelligence, or AI that interacts with the physical world.
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