Baidu: Rumors of Kunlun Core's IPO delay are unfounded

On November 3, regarding recent market rumors about a possible delay in the listing time of Kunlun Core, Baidu responded: The related market rumors and reports are not true.

Baidu stated that its AI chip company Kunlun Core is currently in the confidential declaration stage. According to regulatory requirements, the company cannot disclose any significant non-public information, including the progress of the listing process, and will make announcements to the public at an appropriate time in the future.