Alibaba intends to outspend and outrun Chinese rivals in the chase to define the frontier of AI development. Read more at straitstimes.com. Read more at straitstimes.com.

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