Why Is Alibaba Raising $10.2 Billion for AI, Cloud and Chips — Is BABA Stock a Buy? | BusinessAugust 23, 2026 Currencies38693 Market Cap$ 2.71T-0.42% 24h Spot Volume$ 36.96B-30.9% DominanceBTC57.18%+0.46%ETH10.88%+1.22% ETH Gas0.11 Gwei Business Aug 23, 2026 2min read byEthan Mercer forCoinpaper