Alibaba raises HK$80 billion ($10.2 billion) in new shares for full-stack AI
Raised funds for full-stack AI investment by issuing HK$80 billion ($10.2 billion) in new shares. Capital expenditure in the April–June quarter rose 75% year on year
Why it matters
China's largest AI infrastructure fundraising. A race to secure compute that accepts equity dilution
Source — Primary sources first; secondary reports are labelled “Press”
Pressscmp.comhttps://www.scmp.com/tech/big-tech/article/3364957/alibaba-issue-hk80-billion-new-shares-global-ai-pushAdded in Week 35, 2026 · See that week