Woofun AI reports that Baidu Group’s Kunlun Core intends to list on the Hong Kong Stock Exchange with a target valuation of approximately $50 billion. Tencent has established itself as a customer, while ByteDance is evaluating the integration of its AI chips. The Kunlun Core P800 has finalized large-scale verification. Since 2025, the unit has delivered clusters comprising tens of thousands of cards and executed critical training for Wenxin 5.1 on national production infrastructure.