Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports
The Information reports that Baidu's AI chip unit, Kunlunxin, plans a massive IPO in Hong Kong. The listing reportedly targets an ambitious valuation of $50 billion. Reuters noted that they could not immediately verify this significant market report.
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.
