Alibaba secures HK$80 billion to expand AI investment
Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will issue...
Tag : capital expenditure
Apple market cap reaches 4.94 trillion to top Nvidia
Consumer technology giant Apple reclaimed its position as the world's most valuable publicly traded company on Monday, dethroning semiconductor maker Nvidia following global capital realignments....