{"id":1030752,"date":"2026-08-24T08:40:17","date_gmt":"2026-08-24T03:10:17","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1030752"},"modified":"2026-08-24T09:14:08","modified_gmt":"2026-08-24T03:44:08","slug":"alibaba-proposes-10-billion-dollars-share-placement-to-fund-global-ai-drive","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/24\/alibaba-proposes-10-billion-dollars-share-placement-to-fund-global-ai-drive\/","title":{"rendered":"Alibaba proposes 10 billion dollars share placement to fund global AI drive"},"content":{"rendered":"<p>Chinese tech giant Alibaba said on Sunday that it plans to issue HK$80 billion ($10.2 billion) in new shares in Hong Kong to fund its global artificial intelligence ambitions. <\/p>\n<p>The Hangzhou-based firm has been ploughing tens of billions of dollars into AI, with its shareholders eager to see how it will monetise the huge investments. <\/p>\n<p>&#8220;The Equity Placement is being undertaken to extend the Company&#8217;s global AI leadership,&#8221; Alibaba said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese tech giant Alibaba said on Sunday that it plans to issue HK$80 billion ($10.2 billion) in new shares in Hong Kong to fund its global artificial intelligence ambitions. The Hangzhou-based firm has been ploughing tens of billions of dollars into AI, with its shareholders eager to see how it will monetise the huge investments. &#8220;The Equity Placement is being undertaken to extend the Company&#8217;s global AI leadership,&#8221; Alibaba said in a statement.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-1030752","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1030752"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030752\/revisions"}],"predecessor-version":[{"id":1030781,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1030752\/revisions\/1030781"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1030752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1030752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1030752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}