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Search results for: "Hong Kong". 2 articles found.

Alibaba is raising $10.2bn and spending all of it on AI

The Next Web - 1 hour 49 min ago
Alibaba is placing HK$80bn, about $10.2bn, of new shares in Hong Kong and says all net proceeds will go to AI infrastructure and capabilities. It comes days after the company reported a 75% fall in quarterly net profit driven by that same spending. Alibaba is going to the market for money to spend on AI, […] This story continues at The Next Web...
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Despite Convictions, Activist Marks Tiananmen Horrors

Newser - 19 hours 8 min ago
Tang Ngok-kwan still occasionally visits the places where Hong Kong once publicly remembered Beijing's 1989 Tiananmen Square crackdown. Although his fellow activists were locked up in prison, accused of inciting subversion, and an annual candlelight vigil they previously organized to mourn the crackdown's victims vanished, the 58-year-old continues to personally...
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