Baidu Ventures

Shengshu Technology, the Alibaba-backed generative AI startup behind the Vidu video generation tool, is considering a Hong Kong IPO targeting at least $500 million in proceeds. Founded in March 2023 w…

Vast, a Beijing-based AI startup specializing in generative AI for 3D modeling, is targeting a $2 billion valuation for its Hong Kong IPO, double its recent private valuation of approximately $1 billi…

Alibaba-backed 3D AI startup Vast is weighing a Hong Kong IPO, with Bank of America and China International Capital Corp working on the potential share sale, according to Bloomberg. The Beijing-based …