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Baidu's AI chip unit Kunlunxin targets $50B Hong Kong IPO

Baidu shares jumped 7% after reports that its AI chip arm Kunlunxin is targeting a $50 billion IPO in Hong Kong. The unit is a key player in China's AI chip market.

2 hours ago
Baidu's AI chip unit Kunlunxin targets $50B Hong Kong IPO — AIBriefs