Jack Ma bought over HK$600 million in Alibaba shares alongside Chairman Joe Tsai and CEO Eddie Wu, backing the company's $10.2 billion AI-focused

The Chinese tech giant announced it will issue HK$80 billion in new shares to fully fund its global AI push.

The Chinese tech giant announced it will issue HK$80 billion in new shares to fully fund its global AI push.

Alibaba aims to raise $10 billion through a share sale to enhance its artificial intelligence capabilities and compete globally.

Chinese e-commerce group will use the proceeds to expand its full-stack AI capabilities