Alibaba chip unit T-Head triples capital to 1 billion yuan

T-Head, Alibaba's chip design division, has increased its registered capital from 300 million yuan to 1 billion yuan (approximately US$148 million), representing its first capital boost in over three years. This information was revealed by Qichacha, a Chinese corporate registry data provider. This capital enhancement is part of Alibaba's larger initiative to establish comprehensive AI infrastructure, which includes its Qwen models, chips, and cloud services. Additionally, it aligns with the company's intention to spin off T-Head amidst a rise in semiconductor investments within China. Established in 2018, T-Head had previously raised its capital to 300 million yuan from 10 million yuan in early 2023. Alibaba has been more proactive in promoting this unit as central to its AI ambitions. Alibaba owns the South China Morning Post.