Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports
Sun 19:11
Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports June 28 (Reuters) - Baidu's 9888.HK 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.
(Reporting by Preetika Parashuraman in Bengaluru)
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Corrected: UPDATE 1-Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports
Baidu's AI chip unit Kunlunxin targets $50 billion Hong Kong IPO, The Information reports