Alibaba plans US$10 billion Hong Kong share placement to fund AI spending
https://finance.yahoo.com/technology/ai/articles/alibaba-seeks-10-billion-share-073532899.html
Yahoo Finance
Alibaba Seeks $10 Billion From Share Sale for AI Expansion
Alibaba Group Holding Ltd. is seeking to raise about HK$80 billion ($10.2 billion) from a share sale, its latest move to compete for global leadership in artificial intelligence.
August 23, 2026 63
