Arjun Kharpal / CNBC:
Enflame Technology, which makes chips designed to process huge amount of data to train AI systems, raises $278.5M Series C from Tencent and others — – Tencent along with a number of investors including CITIC, CICC Capital and Primavera invested 1.8 billion yuan ($278.5 million) in Shanghai-headquartered Enflame Technology.