Bloomberg:

Alibaba, Tencent, and Baidu have raised $5B+ via bonds this month for AI and digital infra; with JD.com, their combined 2025 AI capex is projected to top $32B  —  Companies in China's technology sector have been raising billions in capital to advance their artificial intelligence capabilities and other digital infrastructure.

Bloomberg:

Alibaba, Tencent, and Baidu have raised $5B+ via bonds this month for AI and digital infra; with JD.com, their combined 2025 AI capex is projected to top $32B  —  Companies in China's technology sector have been raising billions in capital to advance their artificial intelligence capabilities and other digital infrastructure.

Source: TechMeme
Source Link: http://www.techmeme.com/250917/p4#a250917p4