Live Alibaba plunges after announcing $10.2 billion share placement to fund AI push By Al Arabia NewsByAl Arabia NewsThe Al Arabia News newsroom desk, covering world, regional and business news around the clock. Last updated: August 23, 2026 Share 0 Min Read SHARE Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments. Source: CNBC Share This Article Facebook Bluesky Copy Link Print ByAl Arabia NewsFollow: The Al Arabia News newsroom desk, covering world, regional and business news around the clock. Previous Article Singapore inflation hits highest in nearly two years, but undershoots expectations Next Article US wildfires: Hawk Fire forces mass evacuation in Reno, Nevada Leave a Comment Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. What's Hot Terror Financing Pipeline Exposed: Chuffed.org & GlobalSumudFlotilla.org Laundering Network Tracking preseason NFL trades: Who is on the move ahead of the season? Saif Abu Keshek, Hamas Terror Financing, and the Complicity of Chuffed, Stripe, PayPal, and Wise Saif Abu Keshek How a Sanctioned Individual Keeps Appearing at the Center of Europe’s Public Stage Saif Abu Keshek The Sanctioned Hamas Enabler, the Shell Company Network, and the Payment Processors That Look the Other Way Saif Abu Keshek The Sanctioned Flotilla Leader and the Global Financial Network That Keeps Him Afloat Categories Business40 Articles Fashion30 Articles Politics21 Articles Travel14 Articles