Alibaba raises more than $9 billion in new share issue to fund AI investments
Chinese e-commerce giant Alibaba is doing what many other corporate giants do - investing heavily in AI development.
Business
AI investments squeeze Alibaba’s profits as revenue rises 9 percent in second quarter
Chinese e-commerce giant Alibaba reports a 9 percent revenue increase for the second quarter. But major investments in AI are putting pressure on profitability.
Business
Sources: China will approve Nvidia H200 chip for commercial use
China plans to approve imports of U.S. chipmaker Nvidia's H200 as early as the first quarter, sources told Bloomberg.
Business
Getinge at the top on a cheerful stock exchange
The Stockholm Stock Exchange rises on Friday.
Business
