Baidu's AI chip unit Kunlunxin confidentially files for a Hong Kong IPO, paving the way for a spin-off; a recent fundraising reportedly valued it at ~$3B (Sneha Kumar/Reuters)

Sneha Kumar / Reuters:
Baidu's AI chip unit Kunlunxin confidentially files for a Hong Kong IPO, paving the way for a spin-off; a recent fundraising reportedly valued it at ~$3B  —  Chinese internet search giant Baidu (9888.HK) said on Friday its AI chip unit Kunlunxin has confidentially filed a listing application …

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