The online retail giant-turned-AI player is offering 710 million shares at HK$112.7 each, represents a discount of 3.6 per cent to the closing price of Alibaba’s American depositary receipts on Friday Alibaba announces a $10 billion share sale to fund its global artificial intelligence (AI) ambitions, investing in full-stack AI capabilities and infrastru : https://punchng.com/alibaba-plans-10bn-share-sale-to-fund-ai-expansion/ Key points and original sources are listed below.

• The online retail giant-turned-AI player is offering 710 million shares at HK$112.7 each, represents a discount of 3.6 per cent to the closing price of Alibaba’s American depositary receipts on FridayS1

• Alibaba announces a $10 billion share sale to fund its global artificial intelligence (AI) ambitions, investing in full-stack AI capabilities and infrastru : https://punchng.com/alibaba-plans-10bn-share-sale-to-fund-ai-expansion/S2

• Alibaba plans record $10.2 billion Hong Kong share sale to fund AIS3