Alibaba Raises HK$80 Billion for AI After Reporting Faster Cloud Growth and Heavier Spending

The company posted accelerating external cloud revenue and a twelfth straight quarter of triple-digit AI product growth, then announced a large equity placement dedicated entirely to full-stack AI capacity. The sequence highlights both the scale of demand and the permanent capital required to meet it.NextFin News — Alibaba reported revenue of 268.95 billion yuan for the quarter ended June 30, up 9

原文：钛媒体