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[ARTICLE · art-108762] src=investors.com ↗ pub= topic=artificial-intelligence verified=true sentiment=↓ negative

Alibaba Stock Falls As AI Push Drives $10 Billion Share Sale

Alibaba Group (BABA) priced a roughly $10.2 billion placement of 710 million new shares at 112.70 Hong Kong dollars each to non-U.S. investors, and its stock fell in U.S. trading. The fundraising is part of the Chinese tech giant's push into artificial intelligence, marking one of the largest tech industry deals focused on AI.

read1 min views1 publishedAug 24, 2026
Alibaba Stock Falls As AI Push Drives $10 Billion Share Sale
Image: source

Alibaba stock fell in U.S. trading after the Chinese tech giant priced a roughly $10.2 billion placement of new shares to non-U.S. investors. The move marks the latest large tech industry fundraising deal focused on AI. Alibaba Group (BABA) on Monday said it has priced 710 million new shares at 112.70 Hong Kong dollars each, according to a news release.…

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