Source: Tech – South China Morning PostKunlunxin, the artificial intelligence chip unit of Chinese tech giant Baidu, is seeking a valuation of at least 100 billion yuan (US$14.69 billion) for its Hong Kong stock exchange listing, according to two people familiar with the matter.
The valuation could change based on market conditions and final terms, according to one of the sources, who requested anonymity as the information was private.
Baidu and Kunlunxin did not immediately respond to a request for comment on Friday.
Separately,…Read More