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Baidu’s AI revenue share holds at 50% as Wall Street funds buy in
Rapid GPU cloud growth contrasted with more modest gains in AI applications.
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IPO Zaozhidao
IPO Zaozhidao is a Chinese media outlet that provides timely coverage of IPO developments and related market signals.
Its Kosmo platform has begun securing commercial orders from humanoid robotics companies.
Scarcity and market enthusiasm can lift AI valuations, but only revenue and commercial deployment can sustain them, he said.
Revenue jumped in the first half of 2026 as WeRide scaled its robotaxi fleet, expanded its pipeline, and pushed deeper into overseas markets.
Investors in the AI company’s latest round are seeking exposure before a potential listing that could come as early as the end of 2026.
Portfolio company Nasn listed in Hong Kong just days after Attovia began trading on Nasdaq.
The company has begun IPO preparations with a valuation above RMB 7 billion and over ten state-linked projects under its belt.
The company is leveraging its robotaxi experience to expand into road freight.
Growth in ride-hailing orders and technology services drove the expected improvement.