Explore

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

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

Aug 23 (Reuters) - China's Alibaba said on Sunday it plans to sell HK$80 billion ($10.2 billion) in a share placement to fund artificial intelligence-related development.
Reuters Reuters
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.
Trendline Trendline
Nvidia Invests in Cloverleaf to Address AI Datacenter Power and Cooling Challenges

Nvidia Invests in Cloverleaf to Address AI Datacenter Power and Cooling Challenges

Nvidia Invests in Cloverleaf to Address AI Datacenter Power and Cooling Challenges
Trendline Trendline
Broadcom Pursues Up to $100 Billion AI Financing Deal with Investor Support

Broadcom Pursues Up to $100 Billion AI Financing Deal with Investor Support

Broadcom Pursues Up to $100 Billion AI Financing Deal with Investor Support
Trendline Trendline
Hewlett Packard Enterprise Focuses on High-Margin IT Services Amidst Market Challenges

Hewlett Packard Enterprise Focuses on High-Margin IT Services Amidst Market Challenges

Hewlett Packard Enterprise Focuses on High-Margin IT Services Amidst Market Challenges
Trendline Trendline
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
Trendline Trendline
Hugging Face Explores Potential Acquisition Valued at Over $13 Billion

Hugging Face Explores Potential Acquisition Valued at Over $13 Billion

Hugging Face Explores Potential Acquisition Valued at Over $13 Billion
Trendline Trendline
Nvidia Invests in Cloverleaf to Address AI Data Center Power and Infrastructure Challenges

Nvidia Invests in Cloverleaf to Address AI Data Center Power and Infrastructure Challenges

Nvidia Invests in Cloverleaf to Address AI Data Center Power and Infrastructure Challenges
Trendline Trendline
Nvidia Customers Face Over 15% Price Hikes on AI Chips for Early Next Year Shipments

Nvidia Customers Face Over 15% Price Hikes on AI Chips for Early Next Year Shipments

Nvidia Customers Face Over 15% Price Hikes on AI Chips for Early Next Year Shipments
Trendline Trendline
Broadcom Seeks Over $60 Billion in Debt for AI Chip Financing, Involving Blackstone and Apollo

Broadcom Seeks Over $60 Billion in Debt for AI Chip Financing, Involving Blackstone and Apollo

Broadcom Seeks Over $60 Billion in Debt for AI Chip Financing, Involving Blackstone and Apollo
Trendline Trendline
I Squared Capital Launches Data Center Firm Saragon with $1 Billion Investment and Ten U.S. Facilities

I Squared Capital Launches Data Center Firm Saragon with $1 Billion Investment and Ten U.S. Facilities

I Squared Capital Launches Data Center Firm Saragon with $1 Billion Investment and Ten U.S. Facilities
Trendline Trendline
U.S. Tech Giants Amazon and ServiceNow Show Strong Growth Driven by AI and Cloud Computing

U.S. Tech Giants Amazon and ServiceNow Show Strong Growth Driven by AI and Cloud Computing

U.S. Tech Giants Amazon and ServiceNow Show Strong Growth Driven by AI and Cloud Computing