Baidu Signals Wenxin Comeback and Targets Hong Kong Primary Listing by Year-End
Baidu’s management said Wenxin is intended to return to the AI industry’s top tier while the company continues investing in model development. The company also plans to complete a primary listing in Hong Kong by year-end, alongside reporting RMB 31.3 billion in second-quarter revenue with AI-related businesses contributing more than half for a second consecutive quarter.