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BABA-W Chip Design Unit T-Head Reportedly Plans 2027 USD2B HK IPO
2026-11-09 14:34:54
T-Head, the chip design subsidiary of BABA-W (09988.HK), plans to list in Hong Kong next year and may raise at least USD2-3 billion, IFR, citing sources, reported.

T-Head launched its new-generation integrated AI training and inference chip Zhenwu V900 in September, with performance improving to three times that of Zhenwu M890.

It is currently China's most powerful domestically developed AI chip in terms of computing performance and can meet the training and inference needs of trillion-parameter LLMs.
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