Enflame jumps 188% on debut as ‘GPU quartet’ reaches capital markets
With Enflame’s listing, all four have now entered China’s capital markets, marking a new phase for the country’s homegrown AI-chip industry.
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Enflame sets IPO price at $21 as China’s AI chip race hits public markets
Founded in 2018, Enflame develops cloud AI chips and has built four generations of architectures and five AI accelerators.
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.
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.