Alibaba raises HK$80 billion for AI and cloud growth
Alibaba Group has priced a HK$80 billion share placement as it increases spending on artificial intelligence and cloud infrastructure. The Chinese technology company will issue...
Tag : capital spending
Japan core machinery orders rebound 8.7% in April
Japan core machinery orders rose 8.7% in April from the previous month, government data showed, marking a strong rebound in a key measure of private-sector...