Alibaba stock plunges 8.5% after $10.2 billion AI fundraise; top bosses buy shares

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• Hindustan TimesLean L·1h ago

  Alibaba stock plunges 8.5% after $10.2 billion AI fundraise; top bosses buy shares

  Alibaba raised $10.2 billion for AI infrastructure as its stock fell 8.5%. Chairman Joseph Tsai and CEO Eddie Wu bought shares after the slump.

  Read at Hindustan Times →