Alibaba Drops Gaming Arm as AI Takes Center Stage
Covered by 2 sources · 2 articles
2 outlets - including Yahoo and Beincrypto - are covering this story. Alibaba Group Holding (BABA) is selling its gaming unit, Lingxi Games, to Asian private equity firm Trustar Capital in a transaction reportedly worth at least $1.5 billion. The sale comes as CEO Eddie Wu makes artificial intelligence and cl…
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Alibaba Drops Gaming Arm as AI Takes Center Stage
Alibaba Drops Gaming Arm as AI Takes Center Stage
Alibaba Group Holding (BABA) is selling its gaming unit, Lingxi Games, to Asian private equity firm Trustar Capital in a transaction reportedly worth at least $1.5 billion. The sale comes as CEO Eddie Wu makes artificial intelligence and cl…