Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports
A logo of Baidu at an exhibition center during organized media tour in Hohhot, Inner Mongolia Autonomous Region, China, June 11, 2026. REUTERS/Maxim Shemetov
June 28 : Baidu's chip unit, Kunlunxin is planning to go public in Hong Kong at a target valuation of $50 billion, The Information reported on Sunday, citing two sources.
Reuters could not immediately verify the report.
Source: Reuters
