Enflame given go-ahead for IPO registration, completes AI chip quartet
Enflame’s IPO approval marks another milestone in China’s bid to build a self-sufficient AI semiconductor industry amid tightening US export controls.
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Shanghai sci-tech fund closes $900M vehicle, assets near $3B
The new fund will continue the platform’s established strategy of investing through a combination of fund commitments, secondary transactions and direct investments.
GPU maker Enflame wins STAR Market nod despite losses, Tencent ties
Behind the milestone is a financial profile defined by strong growth and sustained losses.