Shares of Chinese e-commerce giant, Alibaba Group Holding Ltd. (NYSE: BABA), are surging in overnight trading on Robinhood, after the company’s CEO, Eddie Wu, announced that it will be expanding its already massive investment outlay in AI infrastructure.
Alibaba Stock Spikes 7.6% In Hong Kong, Overnight On Robinhood As CEO Eddie Wu Reportedly Plans To Expand $53 Billion AI Spending
