Enflame is China's latest AI ⁠chipmaker ⁠to go public as Beijing steps up its tech self-sufficiency drive, with the United States banning e...

The chipmaker, backed by technology company Tencent Holdings , will issue 43.04 million new shares, representing ⁠a 10% stake ⁠in its enlar...

China has ordered state-funded data centres to use only locally made AI chips, forcing those under 30% complete to remove foreign processor...

Chinese AI companies are forming alliances to build a domestic ecosystem and reduce reliance on foreign technology amid U.S. export restric...

The funding round and IPO plan come as China seeks to develop domestic alternatives to U.S. semiconductors amid escalating export restricti...