@RecentlyTrain484 5 days ago
Alibaba just made a huge AI bet
Alibaba just made a huge AI bet
launched a $10.2 billion share sale to help fund its AI investments, and its Hong Kong-listed shares dropped more than 8%. That's a massive amount of new capital. Even though they had just sold a business, they are gathering more funds. I'm curious whether y'all see this as a smart long-term move or dilution at the worst possible time.

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