Coin Bureau|8月 23, 2026 10:52
BREAKING: Alibaba is raising $10.2 BILLION in a share placement and putting 100% of it into AI, per FT.
The move comes weeks after Alibaba released its Qwen 3.8-Max model and as its net profit fell 75% to $1.5 BILLION due to surging AI spending. (Coin Bureau)
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