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Alibaba issues €8.7 billion in new shares to finance Artificial Intelligence (AI) - Plataforma Media

Plataforma Media Aug 24, 2026 at 4:32 AM PDT
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Alibaba is investing €8.7 billion in new funding to develop artificial intelligence capabilities. This reflects major corporate investment in AI technology and could affect how the company competes globally and what services it offers to customers.

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