07:35
2026-08-23
ca.finance.yahoo.com
artificial-intelligence
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 of 710 million shares at HK$112.7 each, a 3.6% discount to Friday's close, to fund its AI expansion…