ENTITY 百度集团-SW

百度集团-SW

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RESEARCH · CL_115417 · Jun 29 · 02:40

Baidu's Kunlun Core eyes $50B IPO amid stock surge and Wenxin 5.1 training

Baidu's stock surged over 8% on June 29th, driven by news that its AI chip subsidiary, Kunlun Core, is planning an IPO with a target valuation of $50 billion. Kunlun Core has successfully scaled its P800 chip and delive…