OpenEvidence Adds MINC Verification for Free Physician Access in Canada27m ago Michael Burry says the best defense against dollar doom and AI disasters might be a fine Bordeaux45m ago The Next AI Breakthrough Isn’t Smarter Models—It’s Something The Industry Forgot To Build51m ago Samsung Adds Millions More Galaxy Phones To Its Free Upgrade List54m ago How Minnesota Became the Front Line in the Fight Over Prediction Markets1h ago The AI safety vibe shift1h ago AI As A Workforce Multiplier: The Next Frontier In Rural And Underserved Healthcare1h ago Why Falling AI Prices Aren’t Lowering Enterprise AI Bills1h ago Meta says it’s changing AI suggestions after posing invasive personal questions1h ago The UK’s Cyber Paradox: Better Prepared, Yet More Heavily Targeted1h ago The UAE plans to invest €40bn in Germany, including 1GW of data centres1h ago Microsoft Copilot joins CarPlay, leaving Gemini as the biggest holdout1h ago Building The New Digital Experience With AI Starts With Engineering Quality Into It1h ago Meta Meets With European Credit Investors in Non-Deal Roadshow1h ago

OpenEvidence Adds MINC Verification for Free Physician Access in Canada27m ago Michael Burry says the best defense against dollar doom and AI disasters might be a fine Bordeaux45m ago The Next AI Breakthrough Isn’t Smarter Models—It’s Something The Industry Forgot To Build51m ago Samsung Adds Millions More Galaxy Phones To Its Free Upgrade List54m ago How Minnesota Became the Front Line in the Fight Over Prediction Markets1h ago The AI safety vibe shift1h ago AI As A Workforce Multiplier: The Next Frontier In Rural And Underserved Healthcare1h ago Why Falling AI Prices Aren’t Lowering Enterprise AI Bills1h ago Meta says it’s changing AI suggestions after posing invasive personal questions1h ago The UK’s Cyber Paradox: Better Prepared, Yet More Heavily Targeted1h ago The UAE plans to invest €40bn in Germany, including 1GW of data centres1h ago Microsoft Copilot joins CarPlay, leaving Gemini as the biggest holdout1h ago Building The New Digital Experience With AI Starts With Engineering Quality Into It1h ago Meta Meets With European Credit Investors in Non-Deal Roadshow1h ago

Chips & Compute Finance6 min reading time

Tencent-backed chipmaker Enflame nearly triples in its Shanghai debut

Covered by 3 sourcesPublished 2 hours ago

Tencent-backed AI chipmaker Enflame Technology saw its shares surge nearly 180% above the IPO price on its first day of trading on Shanghai's Star Market, raising about $911 million. The company, founded in 2018 and specializing in AI chips for training and inference, now has a market value of approximately $25.5 billion despite never having turned a profit.

Covered by 3 sources

#ai-investment #amd #enflame-technology #semiconductor-industry #shanghai-star-market #tencent

More in Chips & Compute

Chips & Compute

Tencent-Backed Chipmaker Enflame Jumps 179% in Shanghai Debut

Covered by 3 sources15h ago

Chips & Compute

Inside Microsoft’s Plans to Massively Expand Computing Power

Bloomberg5h ago

Chips & Compute3 min read

SpaceX has struck a $1 billion a month compute deal with a mystery customer

Business Insider5h ago