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Aug 23, 2026, 8:48 pm182 ptsTrendingTop
Digitimes
Alibaba Group Holding said it plans to raise HKD80 billion (US$10.2 billion) through the placement of newly issued shares to non-US investors outside the US, a move that could bolster its artificial intelligence ambitions and shape competition in global cloud and AI markets. The company said the proceeds would…
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