Tag: Baidu
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Baidu’s Kunlunxin Files Confidential Hong Kong IPO to Boost China AI Ambitions
Overview of Kunlunxin’s Hong Kong IPO Filing Baidu Inc.’s artificial‑intelligence (AI) chip unit, Kunlunxin, has confidentially filed for a Hong Kong initial public offering (IPO). The move marks a strategic step for Beijing‑based Baidu as it expands financing avenues for its AI hardware ambitions. While the filing is confidential, market chatter points to a listing…
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Baidu’s Kunlunxin Files Confidential Hong Kong IPO, Shaping a Big Tech Listings Year
Overview: Kunlunxin Goes Quiet on the Hong Kong Stage Baidu Inc.’s AI chip unit, Kunlunxin, has confidentially filed for a Hong Kong initial public offering, a move that underscores the company’s ambition to scale its AI hardware capabilities amid growing demand for advanced neural processors. While the filing is not yet public, industry watchers expect…
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Baidu’s Kunlunxin Signals Hong Kong IPO as China AI Chip Ambitions Accelerate
Overview: Kunlunxin Joins the Hong Kong IPO Wave Baidu Inc.’s artificial-intelligence (AI) chip unit, Kunlunxin, has confidentially filed for a Hong Kong initial public offering, according to people familiar with the matter. The move underscores the growing appetite among Chinese tech firms to pursue capital markets in Hong Kong as they scale AI hardware and…
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Baidu Eyes London Robotaxis in Pact With Uber and Lyft
UK Emerges as a Hub for Autonomous Ridesharing The race to deploy robotaxis is moving closer to reality, with Chinese tech giant Baidu unveiling plans to bring autonomous taxis to London next year. The move is part of a broader collaboration with ride-hailing giants Uber and Lyft, positioning the United Kingdom as a key battleground…
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Baidu Teams with Uber and Lyft to Bring Robotaxis to London Amid UK Autonomy Push
UK Becomes a Key Front in the Global Robotaxi Race The tech giant Baidu has unveiled ambitious plans to deploy robotaxi services in London next year, signaling a major escalation in the United Kingdom’s growing role in the global autonomous-vehicle race. By joining forces with ride-hailing leaders Uber and Lyft, Baidu aims to bring its…
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Baidu to Pilot Robotaxis in London with Uber and Lyft Partnerships
UK Joins the Global Robotaxi Race The UK is poised to become a key testing ground for autonomous vehicle technology as Baidu unveils plans to deploy robotaxis in London, starting as early as next year. The ambitious move comes through strategic partnerships with ride-hailing giants Uber and Lyft, signaling a concerted push to scale automated…
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Chinese stocks slide as Trump tariffs threaten, Beijing rare earth move stirs nerves
Market jitters surge as Trump tariffs threaten Chinese imports Chinese stocks trading in the U.S. pulled back sharply on Friday after former President Donald Trump vowed to sharply raise tariffs on Chinese imports if he returns to office. The remarks reignited concerns that U.S.-China tensions could flare again, exposing investors to heightened volatility in a…
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Chinese stocks slide as Trump threatens tariffs on China
Overview: Markets react to renewed U.S.-China tensions Chinese stocks trading in the U.S. fell sharply on Friday after former President Donald Trump amplified a pledge to raise tariffs on Chinese imports if he returns to office. His comments, accusing Beijing of behaving in a way that could threaten global stability, intensified concerns that the already…
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Chinese Stocks Slide as Trump Threatens Tariffs and China’s Rare-Earth Clampdown Stokes Anxiety
Trump’s Tariff Warning Sparks a Selloff in Chinese Stocks Chinese stocks trading in the United States fell sharply on Friday after former President Donald Trump signaled the possibility of steeply higher tariffs on Chinese imports if he regains office. The warnings came amid renewed concerns that Beijing’s recent controls over rare earth elements could tighten…
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Hong Kong Stocks Open October Rally as Hang Seng Tech Surges to Four-Year High
Market snapshot: HK equities spark October with broad gains Hong Kong shares kicked off October with a broad rally, driven by strength in technology, semiconductors and gold miners. On the first trading day of the month, the Hang Seng Index rose 1.61% to clear the 27,000-point threshold, while the Hang Seng Tech Index jumped 3.54%…