Alibaba discloses details of its investment in the dark side of the Moon: purchasing approximately 36% equity for $800 million
因醉鞭名马幌
发表于 2024-5-24 09:37:45
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According to Alibaba's financial report, the company invested a total of approximately $800 million in artificial intelligence startup Moonshot AI in the 2024 fiscal year, purchasing approximately 36% equity in Moonshot AI as a preferred stock investment. Alibaba Group Chairman Cai Chongxin and CEO Wu Yongming wrote in shareholder letters that the company "sees AI as the most powerful variable to change and accelerate business growth.".
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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