Baidu's AI chip unit Kunlunxin confidentially files for a Hong Kong IPO, paving the way for a spin-off; a recent fundraising reportedly valued it at ~$3B (Sneha Kumar/Reuters)

Sneha Kumar / Reuters : Baidu's AI chip unit Kunlunxin confidentially files for a Hong Kong IPO, paving the way for a spin-off; a recent fundraising reportedly valued it at ~$3B —  Chinese internet search giant Baidu (9888.HK) said on Friday its AI chip unit Kunlunxin has confidentially filed a listing application …