Chinese AI Startups Pursue Global Markets Amid Domestic Expansion

Baidu filed for a confidential Hong Kong listing of its Kunlunxin AI chip subsidiary following a New Year address by Xi Jinping.The filing comes as Beijing accelerates efforts toward semiconductor self-sufficiency amid escalating technological competition with the USA.While Donald Trump recently allowed Nvidia to sell certain chips to China, firms like Manycore and Deep Robotics are also preparing for public listings.