On June 29, 2026, Baidu is set to make waves as its Kunlun Core prepares for a public listing in Hong Kong, boasting an ambitious target valuation of around $50 billion. Tencent has already embraced this technological marvel, becoming a client. While rumors have been swirling that ByteDance is contemplating the adoption of Kunlun Core's AI chips, sources with intimate knowledge of ByteDance's inner workings have swiftly dismissed such speculation, asserting that the company currently harbors no intentions of forging a cooperative alliance.
