Baidu’s Kunlunxin, which confidentially filed for a main board listing on the Hong Kong Stock Exchange in January 2026, is reportedly advancing its capital market plans further. According to EE Times China, Kunlunxin launched its STAR Market listing guidance process on May 7, 2026, marking the rol...

Rising AI compute demand is driving a new wave of price increases, signaling that computing power is becoming an increasingly scarce resource in the AI era. According to Jiemian News, following Alibaba Cloud and Baidu Cloud, Tencent Cloud has also joined the ranks of providers raising AI compute pri...

China’s AI chipmakers are stepping up their push toward Hong Kong listings. According to Reuters, Chinese search giant Baidu said that its AI chip unit Kunlunxin has confidentially submitted a listing application to the Hong Kong Stock Exchange on January 1, setting the stage for a potential spin-...

With China rushing to advance its AI chip capabilities despite U.S. export controls, Kunlunxin, the AI chip subsidiary of Chinese internet giant Baidu, is gaining renewed attention, particularly as rumors swirl about a possible IPO. According to Economic Daily News, Baidu’s AI chip subsidiary was ...

Tech layoffs are spreading, and China’s tech giant is no exception. According to sources cited by South China Morning Post, Baidu is trimming staff across key divisions and reshaping parts of its AI organization as it seeks to streamline operations after a loss-making quarter. The report adds that...