# Alibaba Raises $9.67B for AI

> Alibaba's $9.67B equity raise funds AI infrastructure and model development.
- Title: Alibaba Raises $9.67B for AI · Dealroom | Shortify
- Summary: Alibaba's $9.67B equity raise funds AI infrastructure and model development. Alibaba raised $9.67B in equity all earmarked for AI development and…
- Keywords: alibaba, equity, alibaba group holding, artificial intelligence, cloud services, startups, business, Raises, 67B, Dealroom
- Source: Dealroom — https://dealroom.co/news/146405-alibaba-raises-hk-80b-in-equity-all-earmarked-for-ai
- Published: 2026-08-23T07:15:05+00:00
- Read time: 1 min
- Topics: alibaba, ai, equity, alibaba group holding, artificial intelligence, cloud services, startups, business
## Alibaba Announces $9.67B Equity Raise
Alibaba Group Holding will issue US$9.67 billion in new shares, all earmarked for artificial intelligence.
## Funds AI Infrastructure and Model Development
The capital will support AI infrastructure, model development, and cloud services across multiple markets.
## Strategic AI Investment Avoids Debt Leverage
Funding the buildout through new equity avoids additional leverage while signaling strategic importance to AI infrastructure.
## Key takeaway

Alibaba raised $9.67B in equity all earmarked for AI development and infrastructure.