Baidu rises as AI unit Kunlunxin eyes $50B Hong Kong listing - report
Seeking Alpha ·
Baidu's ( BIDU ) Hong Kong-listed shares surged about 7% on Monday after reports that its AI chip unit, Kunlunxin, is targeting a Hong Kong IPO at a valuation of about $50B. Kunlunxin is seeking the valuation in its planned IPO and
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