China's AI infrastructure buildout is shifting focus from chips to electricity, memory, and data centers, with Ulanqab's computing capacity jumping from 3.3GW to 12.5GW in under a year, and CXMT's LPD…
Tencent Holdings is reallocating venture capital from legacy internet assets to double down on China's AI champions, including model maker Moonshot AI and chip designer Enflame. The tech giant recentl…
Iluvatar CoreX, a Shanghai chipmaker, is seeking to raise about $850 million from investors as its share price has more than tripled since January, driven by US export controls on Nvidia chips that ha…
Tencent-backed AI chip startup Enflame won approval for a 6 billion yuan ($888m) IPO on Shanghai's STAR board, becoming the last of China's 'four AI chip dragons' to go public. The company, which reli…