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Kunlunxin (Beijing) Technology Co., Ltd.

Deal Value

Undisclosed

Announced

Friday, January 2, 2026

Deal Details

Baidu plans to spin off its AI chip unit Kunlunxin via a Hong Kong IPO, aiming to unlock value and tap AI chip investor demand.

A financial investment providing capital in exchange for equity or strategic partnership.

Related News

Baidu spin-off Kunlunxin targets Hong Kong IPO in China AI chip push

On January 2, 2026, Baidu disclosed that its AI chip subsidiary Kunlunxin has confidentially filed for an initial public offering on the Hong Kong Stock Exchange. The planned spin-off will keep Kunlunxin as a Baidu-controlled subsidiary while giving the chip unit direct access to capital markets.

Jan 2, 2026
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