AI TRENDS | Hong Kong-Listed Iluvatar CoreX Rises Nearly 7.5% on Reported ByteDance Chip Talks

Shares of Iluvatar CoreX (09903.HK) rose nearly 7.5% in Hong Kong trading, while Baidu (09888.HK) narrowed its intraday decline to 0.4%. According to Jin10, ByteDance was in talks with chipmaker Iluvatar CoreX about purchasing artificial intelligence inference chips, and it was also considering using Baidu’s Kunlun AI chips.