{"id":26253,"date":"2026-08-24T12:22:06","date_gmt":"2026-08-24T08:22:06","guid":{"rendered":"https:\/\/pressreleasenetwork.com\/site\/?p=26253"},"modified":"2026-08-24T12:22:06","modified_gmt":"2026-08-24T08:22:06","slug":"alibaba-plans-to-raise-10-billion-to-boost-ai-investments","status":"publish","type":"post","link":"https:\/\/pressreleasenetwork.com\/site\/2026\/08\/24\/alibaba-plans-to-raise-10-billion-to-boost-ai-investments\/","title":{"rendered":"Alibaba Plans To Raise $10 Billion To Boost AI Investments"},"content":{"rendered":"<p class=\"read\">Chinese technology group Alibaba Holding plans to raise around US$10 billion, equivalent to HK$80 billion, through a new share offering on the Hong Kong Stock Exchange, in a strategic move aimed at strengthening its infrastructure and global competitiveness in artificial intelligence.<\/p>\n<p class=\"read\">Bloomberg reported that the company will offer 710 million shares at HK$112.7 each, representing a 3.6 percent discount to last Friday\u2019s closing price.<\/p>\n<p class=\"read\">The offering comes as Alibaba raises its quarterly capital expenditure to around $10 billion.<\/p>\n<p class=\"read\">Proceeds from the share sale will be used to invest in integrated artificial intelligence capabilities as the company seeks to maintain its leadership and position in the highly competitive sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese technology group Alibaba Holding plans to raise around US$10 billion, equivalent to HK$80 billion, through a new share offering on the Hong Kong Stock Exchange, in a strategic move aimed at strengthening its infrastructure and global competitiveness in artificial intelligence. Bloomberg reported that the company will offer 710 million shares at HK$112.7 each, representing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":26256,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-26253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/26253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/comments?post=26253"}],"version-history":[{"count":1,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/26253\/revisions"}],"predecessor-version":[{"id":26257,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/posts\/26253\/revisions\/26257"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/media\/26256"}],"wp:attachment":[{"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/media?parent=26253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/categories?post=26253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pressreleasenetwork.com\/site\/wp-json\/wp\/v2\/tags?post=26253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}