Baidu plans Hong Kong IPO of AI chip unit Kunlunxin in spin-off move
China’s AI Chip Ambitions: Baidu’s Spin-Off Signals a New Era Baidu’s decision to spin off its AI chip subsidiary, Kunlunxin, and pursue a Hong Kong listing isn’t just a corporate maneuver; it’s a powerful signal of China’s escalating drive for semiconductor self-sufficiency. This move, mirroring similar actions by Moore Threads and Biren Technology, underscores a … Read more