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Story summary
- Alibaba plans to publicly list its artificial intelligence chip division T-Head after a restructuring that grants employees partial ownership.
- The move follows strong investor interest in artificial intelligence chip firms as alternatives to Nvidia.
- T-Head, founded in 2018, develops processors including artificial intelligence accelerators.
- It recently secured contracts with China Unicom for Pingtouge artificial intelligence accelerators.
- Alibaba's shares rose 4.6% on the announcement, while IPO timing and valuation remain unclear.
