Elon Musk

Is that kind of what the unlock?

has been?

Yeah, we've talked about the TPU unlock as well.

Bloomberg's Mark Gurman back strong with a big scoop.

Thank you very much.

Let's turn to chips that Power AI, Alibaba, is preparing to IPO its chip-making arm, T-Head.

Bloomberg's executive editor for tech, leading the Asia team, Peter Elstrom, joins us now.

This is interesting.

It's kind of a twofer.

We know from our reporting they're planning to IPO this unit, but in the interim, they're also gonna restructure it.

What do we need to know?

Yeah, that's right.

It's a two-step process that Alibaba is looking at here.

They're going to begin by restructuring the ownership of the company, allowing employees to own some of the shares here, and then later on, they plan on taking it public.

Now, this is an interesting move by Alibaba.

Alibaba, of course, is an e-commerce company at its core,

It's been diversifying into a number of different areas, including AI.

They have one of the leading AI models in China with its Gwen platform.

And they've been working on this chip effort, too.

It's a bit like Amazon's push into being able to develop their own AI chips.