Baidu’s chip unit Kunlunxin is targeting a $50 billion Hong Kong IPO and is asking investors to buy its semiconductors.
TL;DR Baidu’s Kunlunxin is targeting a $50 billion Hong Kong IPO and has asked investors to commit to buying its chips, blurring the line between shareholder and customer. Baidu’s artificial intelligence chip Kunlunxin is planning a $50 billion IPO in…




