Business2 hours ago
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Alibaba's ₹95,000 Crore Share Sale to Boost AI Innovation
Alibaba aims to raise ₹95,000 crore ($10.2 billion) to enhance its AI infrastructure. This significant share sale is the third-largest follow-on offering, following giants like Alphabet and Intel. The funds will be dedicated to advancing AI technologies, positioning Alibaba as a leader in the competitive tech landscape.
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