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Artificial Intelligence

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Infographic: Alibaba's $10.2B Hong Kong share placement equals about 1/4 of its ~$40.8B quarterly AI capex burn; Qwen inference costs estimated $1.9B+/day
AI · 08/29/2026

Alibaba Raised $10.2 Billion in an Afternoon

Alibaba's share placement raised $10.2 billion, the largest primary follow-on in Hong Kong history. Against RMB67.7 billion of June-quarter capex, it buys about one…

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