HK Stock Market Move | BIDU-SW (09888) opens more than 3%, market focuses on Kunlun Xing AI chip, application scenarios expanding from internal use to telecommunications and other scenarios.

BIDU-SW (09888) opened more than 3% higher, rising 3.05% to HKD 135 as of the time of writing, with a turnover of HKD 1.34 billion. On the news front, according to the official WeChat account of Kunlun core technology, Kunlun core has won a billion-level order in China Mobile Limited's centralized procurement project. In China Mobile Limited's centralized procurement project for AI general computing devices (inference type) from 2025 to 2026, the "CUDA-like ecosystem" packages 1, 2, and 3, Kunlun core's AI server products have won bid shares of 70%, 70%, and 100% respectively. This time, Kunlun core winning the centralized procurement project of China Mobile Limited reflects that its application scenarios have gradually expanded from being mainly used by technology companies internally to telecommunications and other scenarios. Public information shows that Kunlun core technology company was formerly Baidu's Intelligent Chip and Architecture Department, which completed independent financing in April 2021. Currently, Kunlun core has completed the mass production and landing applications of two generations of general AI chip series products. It is reported that Baidu's scale cluster based on the "Kunlun P800" acceleration card has entered the training experiment of the new version of Wenyi One Word, with training efficiency and energy efficiency ratio close to international advanced level, further verifying the usability of Kunlun core in training scenarios.