September 15, 2026
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Egypt Ezine

Tag : computing capacity

Alibaba secures HK$80 billion to expand AI investment
Business

Alibaba secures HK$80 billion to expand AI investment

egyptezine.com
Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will issue 710 million new ordinary shares at HK$112.70 each. The deal...