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
Alibaba to plan IPO for AI chipmaking unit T-Head, Bloomberg News reports
Alibaba's IPO Plans for T-Head
Jan 22 (Reuters) - Alibaba is preparing to list its chipmaking arm, T-Head, Bloomberg News reported on Thursday, citing people familiar with the matter.
Restructuring of T-Head
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.
Verification of Reports
Reuters could not immediately verify the report.
(Reporting by Bipasha Dey in Bengaluru; Editing by Devika Syamnath)
