Alibaba plans $10 billion Hong Kong share placement to fund AI spending - Reuters

Alibaba plans $10 billion Hong Kong share placement to fund AI spending Reuters Alibaba announces $10.2bn share placement as Chinese companies expand AI investment Financial Times Alibaba to issue US$10 billion in new shares for global AI push South China Morning Post Alibaba to Raise $10 Billion by Selling Shares for AI Expansion Bloomberg.com Alibaba is raising $10.2bn and spending all of it on…