Baidu’s Kunlun AI chip unit is reportedly planning a Hong Kong IPO and counts Tencent as a customer. Earlier reports said ByteDance was considering adopting Kunlun’s AI chips; sources close to ByteDance say it currently has no intention to cooperate with Kunlun.

2026-06-29

Baidu’s Kunlun AI chip unit is reportedly planning a Hong Kong IPO and counts Tencent as a customer. Earlier reports said ByteDance was considering adopting Kunlun’s AI chips; sources close to ByteDance say it currently has no intention to cooperate with Kunlun.