$10 billion

A US$10 billion figure representing the size of Alibaba's proposed share placement of new shares in Hong Kong.

Why it’s in the news: Alibaba announced the $10 billion share sale to fund its global AI expansion, including its Wan3.0 video model, and its shares fell about 8% on the news.

Latest on $10 billion

• Alibaba launches Wan3.0 AI video model after $10 billion share sale
• Alibaba shares fall 8% after $10 billion Hong Kong share sale
• Alibaba to issue US$10 billion in new shares for global AI push
• Alibaba seeks $10 billion from share sale for AI expansion
• Alibaba proposes $10 billion share placement to fund global AI drive
• Alibaba to issue US$10 billion in new shares for huge AI push amid strong investor demand
• Alibaba announced a $10 billion share placement to fund its artificial intelligence expansion globally.
• Alibaba shares plunge after $10bn new share placement to fund AI spending

Connections

1 entities linked to $10 billion across the news graph.