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

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. (Reporting by Bipasha Dey in Bengaluru; Editing by Devika Syamnath)

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