# Kunlunxin: valuation, funding, and the secondary tape

## The short version

- No priced instruments on record yet; milestones only.

| instrument | value | as of | source |
|---|---|---|---|
| Claimed valuation | n/a |  | graph |


## Recent milestones

- 2026-06-28 - [Kunlunxin is targeting a ~US$50B valuation for the Hong Kong IPO, with prospective investors asked to buy chips worth 3-7x their allocation ](https://www.reuters.com/world/asia-pacific/baidus-ai-chip-unit-kunlunxin-targets-50-billion-hong-kong-ipo-information-2026-06-28/)
- 2026-01-02 - [Baidu announced (Jan 1 2026) a confidential Form A1 to HKEX for spinning off and separately listing Kunlunxin (昆仑芯), its AI-chip unit, retai](https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0102/2026010200013.pdf)

[marks](https://data.somen.ai/marks) | [napkin](https://data.somen.ai/napkin) | [scorecard](https://data.somen.ai/scorecard) | [all companies](https://data.somen.ai/companies)

*Derived from the SOMEN graph at render time. The arithmetic cannot lobby you.*