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Alibaba Shares Decline 9.8% in Hong Kong Following $10.2 Billion AI Share Sale at Discount

Alibaba Shares Decline 9.8% in Hong Kong Following $10.2 Billion AI Share Sale at Discount

Alibaba Shares Decline 9.8% in Hong Kong Following $10.2 Billion AI Share Sale at Discount

Oracle Reports Strong Growth Driven by AI Contracts, Attracting Investor Interest

Oracle Reports Strong Growth Driven by AI Contracts, Attracting Investor Interest

Oracle Reports Strong Growth Driven by AI Contracts, Attracting Investor Interest

Alibaba launches $10 billion Hong Kong share placement to fund AI spending

Alibaba launches $10 billion Hong Kong share placement to fund AI spending

Aug 23 (Reuters) - China's Alibaba on Sunday launched a HK$80-billion ($10.2 billion) share placement to fund artificial intelligence-related development. A deal by the Chinese e-commerce and cloud computing giant would mark the largest-ever primary follow-on offering by a Hong Kong-listed company.

Major alcohol company shrinks workforce by nearly 2,000

Major alcohol company shrinks workforce by nearly 2,000

The beverage giant is spending $1.2 billion to reshape its business as sales weaken in its biggest market.

MetLife Expands AI and Data Capabilities with Global Center in India

MetLife Expands AI and Data Capabilities with Global Center in India

MetLife Expands AI and Data Capabilities with Global Center in India

Citi Forecasts Higher Nvidia Stock Post-Earnings Amid Strong AI Component Shipments

Citi Forecasts Higher Nvidia Stock Post-Earnings Amid Strong AI Component Shipments

Citi Forecasts Higher Nvidia Stock Post-Earnings Amid Strong AI Component Shipments

Broadcom and Marvell Technology Emerge as Key Players in Custom AI Chip Market Amidst Growing Demand from Hyperscalers

Broadcom and Marvell Technology Emerge as Key Players in Custom AI Chip Market Amidst Growing Demand from Hyperscalers

Broadcom and Marvell Technology Emerge as Key Players in Custom AI Chip Market Amidst Growing Demand from Hyperscalers

Tokuyama Expands Polysilicon Production with New Facilities in Vietnam and Malaysia to Diversify Supply Chain

Tokuyama Expands Polysilicon Production with New Facilities in Vietnam and Malaysia to Diversify Supply Chain

Tokuyama Expands Polysilicon Production with New Facilities in Vietnam and Malaysia to Diversify Supply Chain

Hewlett Packard Enterprise Focuses on AI Infrastructure and Hybrid Cloud for Federal IT Modernization

Hewlett Packard Enterprise Focuses on AI Infrastructure and Hybrid Cloud for Federal IT Modernization

Hewlett Packard Enterprise Focuses on AI Infrastructure and Hybrid Cloud for Federal IT Modernization

Sand Technologies Seeks Senior Software Engineer for Physical AI Solutions in U.S.

Sand Technologies Seeks Senior Software Engineer for Physical AI Solutions in U.S.

Sand Technologies Seeks Senior Software Engineer for Physical AI Solutions in U.S.

International Wine Challenge Expands with New Americas and Asia Pacific Regional Heats

International Wine Challenge Expands with New Americas and Asia Pacific Regional Heats

International Wine Challenge Expands with New Americas and Asia Pacific Regional Heats

Salesforce Partners Report Muted Revenue from Agentforce AI Platform Despite Company Claims

Salesforce Partners Report Muted Revenue from Agentforce AI Platform Despite Company Claims

Salesforce Partners Report Muted Revenue from Agentforce AI Platform Despite Company Claims