Taiwan unveils Strong Bow anti-ballistic missile specs in push for US$1.13 billion funding

Taiwan’s top weapons developer has unveiled details of its Chiang Kung, or Strong Bow, anti-ballistic missile system as it seeks legislative funding for mass production to strengthen the island’s air defences amid growing pressure from Beijing. The government-funded National Chung-Shan Institute of Science and Technolo

The Chinese tech company sold 710 million shares at HK$112.70 each, with demand from institutional investors nearly tripling the offering

Alibaba launches Wan3.0 AI video model after $10 billion share sale  Reuters

BEIJING, Aug 24 : Alibaba officially rolled out its latest AI video generation-model Wan3.0 on Monday with enhanced capabilities after the Chinese internet giant launched a $10 billion share placement to fund rising AI spending.• The new model can generate 30-second videos from documents, spreadsheets, slides and web p

Alibaba to Raise $10.20 Billion for AI Investment With Share Placement  WSJ

Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.

A deal by the Chinese e-commerce and cloud computing giant would mark the largest-ever primary follow-on offering by a Hong Kong-listed company.

“I planned to move most of it back after a month or two. No longer,” Burry said in a post on Substack.

TechnologyMove comes amid intensifying race to build frontier models and computing infrastructureAlibaba is doubling down on artificial intelligence at a moment when the race to build frontier models and the infrastructure behind them is intensifying across both China and the West. © ReutersCISSY ZHOUAugust 23, 2026 17

Equity issuance follows a strong reception for its latest Qwen 3.8-Max model

Alibaba announces a $10 billion share sale to fund its global artificial intelligence (AI) ambitions, investing in full-stack AI capabilities and infrastru