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Alibaba plunges after announcing $10.2 billion share placement to fund AI push
TECHNOLOGY
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Alibaba plunges after announcing $10.2 billion share placement to fund AI push

August 24, 2026·Source: CNBC·11 views

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Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.

This story was originally reported by CNBC. For the complete coverage and latest updates, visit the original source.

Read the full story at CNBC.

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Originally reported by CNBC. Read the original article

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