China's ‘fourth little AI dragon’ goes public: Tencent-backed Shanghai Enflame eyes $911 million from IPO
Tencent owns a 20% stake in Enflame and is also a major customer. The company has priced its offering on Shanghai’s technology-focused STAR Market at 142.18 yuan per share.
Tencent Holdings-backed Shanghai Enflame Technology is looking to raise about 6.12 billion yuan ($911 million) through an initial public offering, as the final member of a group of four prominent Chinese artificial intelligence chipmakers turns to th... [3251 chars]
