Report: Baidu Kunlun Chip to Go Public in Hong Kong, Target Valuation of $50 Billion
Baidu's AI chip company, Kunlun Chip, is advancing its plan to go public in Hong Kong, with a target valuation of $50 billion. As a core component of Baidu's AI hardware ecosystem, its listing not only marks a milestone in its capitalization but also injects new variables into the global AI computing power competition. Kunlun Chip has launched multiple generations of self-developed cloud AI chips, which have drawn significant attention from the industry.