Baidu AI Chip Unit Kunlunxin Files for Hong Kong IPO
Baidu’s AI chip division, Kunlunxin, has confidentially filed for a Hong Kong IPO. The move aims to highlight the unit’s value and attract investors focused on AI hardware and software.
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Baidu’s AI chip division, Kunlunxin, has confidentially filed for a Hong Kong IPO. The move aims to highlight the unit’s value and attract investors focused on AI hardware and software.
Goldman Sachs and Newmark Group are raising capital to develop private power sites for AI data centers in Texas. The effort reflects growing Wall Street focus on AI-driven energy infrastructure.
Nvidia has signed a non-exclusive licensing deal with AI chip developer Groq and will hire its founder and senior executives. The agreement highlights Nvidia’s push to expand AI computing capabilities amid rising competition.
Goodman Group and CPP Investments have formed a AUD 14 billion joint venture to develop large-scale data centers across major European markets. The partnership targets rising demand driven by cloud computing and AI workloads.
Biren Technology aims to raise HK$4.85 billion in its Hong Kong IPO, targeting AI chip development and intelligent computing growth amid strong investor interest.
The House approved the SPEED Act to speed federal permits for AI infrastructure, tightening environmental review timelines as lawmakers debate energy, data centers, and competitiveness.
Amazon appointed AWS veteran Peter DeSantis to head a new AI group managing Nova models, custom chips, and quantum computing as it deepens its AI strategy.
Naveen Rao’s new startup Unconventional AI secures $475 million at a $4.5 billion valuation to build radically energy-efficient computing for AI workloads.
Tata Electronics and Intel form a strategic alliance to build semiconductor fabs, AI PC solutions, and advanced packaging in India, targeting a top-five global market by 2030.
Nvidia partner Foxconn reports a 26% revenue increase in November as demand for next-generation AI infrastructure rises.
Chicago Tribune sues Perplexity for copyright violations, including scraping paywalled content and using it in AI search engine systems, amid broader legal battles over AI training data.
Nvidia’s newest AI server accelerates mixture-of-experts models by 10x, leveraging 72 chips and high-speed interconnects, maintaining an edge over AMD and competitors.