The Enflame IPO is on. Shanghai Enflame Technology, an AI-chip startup backed by Tencent, has won listing-committee approval to raise about 6 billion yuan ($888m) on the Shanghai Stock Exchange’s STAR board, according to Bloomberg.

Source: [TNW](https://thenextweb.com/news/enflame-ipo-china-ai-chip-dragons-tencent)

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