Netherlands · Business & markets

Artificial intelligence news in Netherlands: models, business, regulation and impact.

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Business & marketsNetherlands

Alibaba Raises $10.2 Billion for AI Push in Hong Kong Sale

The Exchange Square towers in Hong Kong, home to the Hong Kong Stock Exchange where Alibaba placed its share offering

Alibaba sold 710 million new shares for HK$80 billion ($10.2 billion) — Hong Kong's largest-ever follow-on offering — to fund its artificial intelligence ambitions.

August 27, 20264 min read

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