China digital industry revenue and profit rise in first half
China’s digital industry posted 20.71 trillion yuan in revenue during the first half of 2026. Revenue rose 13.6% from the same period last year. Total...
Tag : computing capacity
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...