Alibaba Plans $10 Billion Hong Kong Share Placement To Fund AI Spending #Alibaba #Plans #Billion #Hong #Kong #Share #Placement #Fund #Spending #Investment #Fund #Contract #Company #Employee

(MENAFN - Khaleej Times) China's Alibaba said on Sunday it plans to sell HK$80 billion ($10.2 billion) in a share placement to fund artificial intelligence-related development.A deal by the Chinese ...


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