Tencent returned to reinvest in the AI chip developer through a $43.4m round that comes in the wake of a larger round last August.

China-based artificial intelligence (AI) chip developer Enflame closed a RMB300m ($43.4m) funding round yesterday that featured internet group Tencent. Venture capital firm Redpoint China Ventures led the round, investing alongside Oceanpine Capital, Yunhe Capital, Riverhead Capital and ChinaEquity Group. Founded in March 2018, Enflame specialises in cloud-based deep learning chips for use in artificial intelligence…

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