1 Day
Source:
الاقتصادية
_1777294237270_124456903.png&w=48&q=75){kind=small}
Alibaba shifts focus to AI with $1.5B gaming unit sale
Alibaba plans to sell its gaming division, Lingxi Games, for more than $1.5 billion, as part of its strategy to focus on artificial intelligence and cloud computing. This move is part of Alibaba's efforts to reorganize itself and divest non-core assets, with the goal of generating $100 billion in revenue from artificial intelligence within five years. The deal was signed after Lingxi Games' CEO clarified that Alibaba has handed over the company to Tristar Capital to emphasize its focus on new strategic directions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)