{"id":156431,"date":"2026-08-23T05:18:31","date_gmt":"2026-08-23T05:18:31","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=156431"},"modified":"2026-08-23T05:18:31","modified_gmt":"2026-08-23T05:18:31","slug":"alibaba-to-issue-hk80-billion-in-new-shares-for-global-ai-push","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=156431","title":{"rendered":"Alibaba to issue HK$80 billion in new shares for global AI push"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostAlibaba Group Holding will issue HK$80 billion worth of new shares and use the entire proceeds to invest in AI, the Chinese tech giant said on Sunday.<br \/>\nThe move aims to \u201cextend the company\u2019s global AI leadership\u201d, according to the company. It will use the funds raised to \u201cinvest in its full stack AI capabilities\u201d, including expanding and enhancing its AI infrastructure, Alibaba said.<br \/>\nLast week, Alibaba announced a 45 per cent of year-over-year jump in its June-quarter revenue in cloud and AI&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3364957\/alibaba-issue-hk80-billion-new-shares-global-ai-push?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostAlibaba Group Holding will issue HK$80 billion worth of new shares and use the entire proceeds to invest in AI, the Chinese tech giant&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/156431"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=156431"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/156431\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=156431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=156431"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=156431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}