Tencent invests in Chinese A.I. chip start-up as part of $279 million funding round
Tencent invests in Chinese A.I. chip start-up as part of $279 million funding round CNBC 1/6/2021 Arjun Kharpal 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. Enflame Technology makes chips designed to process huge amount of data to train artificial intelligence systems. China has been looking to ramp up its capabilities in both AI and semiconductors as the tech war with the U.S. continues. © Provided by CNBC A close up image of a CPU socket and m...