Guo Ji Jin Rong Bao·2026-01-29 12:09Group 1 - Alibaba Group is planning to advance its AI chip subsidiary, T-head, towards an independent IPO, which has drawn market attention [2] - T-head recently launched a high-end AI chip named "Zhenwu 810E," featuring a self-developed parallel computing architecture and inter-chip communication technology, with 96GB HBM2e memory and a bandwidth of 700GB/s [2] - The "Zhenwu" PPU has been applied extensively in training and inference for the "Tongyi Qianwen" large model, integrated with Alibaba Cloud's complete AI software stack to provide comprehensive solutions [2] Group 2 - The "Zhenwu" PPU reportedly surpasses the performance of Nvidia's A800 and most domestic GPUs, being on par with Nvidia's H20, with some reports indicating its upgraded version outperforms Nvidia's A100 [2] - The "Zhenwu" PPU has gained a good reputation in the industry for its stable performance and cost-effectiveness, currently experiencing a supply-demand imbalance in the market [2] - T-head has completed large-scale deployments of the "Zhenwu" PPU in multiple clusters, serving over 400 enterprise and institutional clients, including State Grid, Chinese Academy of Sciences, Xiaopeng Motors, and Sina Weibo [3] Group 3 - T-head, established in September 2018, is a wholly-owned subsidiary of Alibaba Group focused on semiconductor chip business, offering a comprehensive product system covering both edge and cloud [3] - The product range of T-head includes Yitian processors, Zhenyue SSD controllers, Hanguang AI chips, and Yuzhen RFID chips [4]