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    Alibaba sets price in US$10.2 billion new share offer to fuel AI expansion

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    Source: South China Morning Post
    Published: 2026-08-24 11:59 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Transport, Asia, Technology & AI, China, Financial Markets, Asia Pacific, Technology
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    Snippet:
    The firm is set to issue 710 million shares in one of China’s largest AI fundraising efforts
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