Baidu's Kunlunxin Chip Unit Attracts ByteDance Interest Ahead of Potential IPO
ByteDance is considering purchasing AI chips from Baidu’s semiconductor subsidiary, Kunlunxin. This development comes as Baidu plans to spin off the chip unit into a publicly traded company in Hong Kong and Shanghai later this year.
Tickers: $BIDU
Topics: AI chips ByteDance partnership IPO plans