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Business

Alibaba announces $10.2bn share placement as Chinese companies expand AI investment

Financial Times · 23 August 2026 at 09:33

Alibaba announces $10.2bn share placement as Chinese companies expand AI investment

Equity issuance follows a strong reception for its latest Qwen 3.8-Max model

Read the full article on Financial Times ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.ft.com — the content belongs to Financial Times.

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