Baidu's Kunlun Chip Plans Hong Kong IPO with $50 Billion Valuation Target

According to reports, Baidu's Kunlun Chip plans to list in Hong Kong today (June 29) with a target valuation of approximately $50 billion. Tencent has already become a customer of Kunlun Chip, while ByteDance is considering adopting its AI chips. The Kunlun Chip P800 has completed large-scale validation and delivered multiple clusters with tens of thousands of chips this year.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments