Alibaba to plan IPO for AI chipmaking unit T-Head, Bloomberg News reports

Alibaba group logo is seen in this illustration taken, February 11, 2025. REUTERS
Jan 22 (Reuters) – Alibaba is preparing to list its chipmaking arm, T-Head, Bloomberg News reported on Thursday, citing people familiar with the matter.
As a first step, Alibaba plans to restructure the unit as a business partly owned by employees before exploring an initial public offering, the report said.
Reuters could not immediately verify the report.

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