Tencent-backed Enflame triples in Shanghai debut as China AI chip bets surge
Chinese artificial intelligence chipmaker Shanghai Enflame Technology surged about 200 percent in its Shanghai debut on Friday, after the Tencent-backed company raised 6.12 billion yuan (HK$7.16 billion) in its initial public offering.
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Tencent-backed Enflame triples in Shanghai debut as China AI chip bets surge Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: The Standard 英文虎報 https://a2zai.ai/bytes/tencent-backed-enflame-triples-in-...
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