Baidu is spinning off its AI chip subsidiary Kunlunxin into a standalone public company, targeting a valuation of up to $50 billion in a Hong Kong IPO. The move capitalizes on China's push for semicon…
Baidu's AI chip unit Kunlunxin is targeting a $50 billion Hong Kong IPO and has asked prospective investors to commit to purchasing its semiconductors, blurring the line between shareholder and custom…
Chinese AI and chip companies Moore Threads, MetaX, and Biren Technology have raised billions in IPOs on the Shanghai STAR Market and Hong Kong Exchange, with first-day gains exceeding 400% and oversu…
Chinese GPU maker MetaX Integrated Circuits Shanghai Co. plans a secondary listing on the Hong Kong stock exchange, the company announced June 12. The move follows a blockbuster Shanghai IPO in Decemb…
MiniMax Group, the Shanghai-based AI company valued at roughly $33 billion, filed an A-share listing guidance report with the Shanghai Securities Regulatory Bureau on May 29 to pursue a second public …