January 22 — Alibaba Group is planning an preliminary public providing for T-Head Semiconductor, its AI chipmaking arm, based on folks aware of the matter.
Sources stated Alibaba intends to first restructure T-Head right into a standalone firm with partial worker possession, earlier than exploring a public itemizing. The timing and valuation of the potential IPO haven’t but been disclosed.
Established in September 2018, T-Head is Alibaba Group’s wholly owned semiconductor subsidiary and serves as the corporate’s major automobile for in-house chip improvement. The corporate has constructed a full-stack, end-to-end portfolio spanning each cloud and edge computing, together with knowledge middle processors and IoT chips, protecting your entire chip design pipeline.
On the product entrance, T-Head has launched a number of key choices within the computing section, together with the Hanguang 800 AI inference chip, the Yitian 710 CPU, and the PPU AI accelerator. In storage, it has launched the Zhenyue 510 SSD controller, whereas its edge lineup consists of the Yuzhen IoT chip, which has already shipped tons of of thousands and thousands of models, with deployments throughout each cloud and terminal gadgets.
As Alibaba’s in-house AI chip developer, T-Head offers the group with a strategic “backup possibility” for core computing capabilities, serving to scale back reliance on exterior chip suppliers.
The IPO hypothesis follows latest strikes by friends within the sector. On January 1, Kunlunxin, Baidu’s AI chip subsidiary, submitted its itemizing utility to the Hong Kong Inventory Trade by way of its joint sponsors. Amid the continued AI increase, China’s home AI chipmakers are more and more lining up for public choices. Firms comparable to Moore Threads, Metax, Biren Expertise, and Iluvatar CoreX have already made their means into the capital markets.
Supply: Lieyunpro.com
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