Baidu Files for Kunlunxin AI Chip Unit Hong Kong IPO
Baidu confidentially filed for Kunlunxin AI chip unit Hong Kong IPO valued at $3B as China pushes semiconductor independence.
Tencent Posts 15% Revenue Growth in Q3 Driven by AI
Tencent revenue hits 192.9B yuan in Q3 2025, up 15% YoY, with AI boosting gaming, ads and cloud services across business segments.