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The photoexcitation of α-diazocarbonyl compounds produces ketenes by both concerted and stepwise Wolff rearrangements. The stepwise mechanism proceeds through singlet carbene intermediates which can also participate in bimolecular reactions such as ylide formation with nucleophiles. Here, ultrafast transient infrared absorption spectroscopy is used to show competitive production of singlet carbene and ketene intermediates from the photoexcitation of ethyl diazoacetoacetate. We provide direct spectroscopic evidence for ylide formation b