Xin Lang Cai Jing·2026-01-22 08:52Core Viewpoint - Alibaba Group has decided to support its subsidiary chip company, Pingtouge, for an independent IPO, marking a significant step in the company's strategy to unveil its chip capabilities [1]. Group 1: Company Developments - Pingtouge, established in 2018, has been a low-profile entity within Alibaba, described as a "nuclear weapon" that has now come to the forefront with its chip offerings [1]. - The first generation of Pingtouge's PPU chip matches the performance of NVIDIA's popular H20, while the upgraded version surpasses the NVIDIA A100 [2]. - Pingtouge has launched several chips in the computing sector, including the AI inference chip Lingang 800, CPU Yitian 710, and the PPU AI chip, as well as SSD controller chip Zhenyue 510, indicating a comprehensive strategy in data center chips [2]. Group 2: Industry Positioning - Industry experts believe that Alibaba and Google will lead AI development in China and the U.S., as both companies have a full-stack layout from AI chips to applications [3]. - The unveiling of Pingtouge's capabilities is seen as the final piece in Alibaba's AI full-stack strategy, showcasing its long-term investment in foundational chip technology [3].