Alibaba (BABA) Stock: AI Chip Unit T-Head Eyes IPO as Shares Jump

TLDR Alibaba is moving forward with plans to publicly list T-Head, its AI chipmaking division T-Head will be restructured with partial employee ownership before the IPO launch The company’s shares climbed 4.6% in premarket trading on the announcement T-Head has secured contracts to supply AI accelerators to China’s second-largest wireless carrier The IPO timing and [...]

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