Alibaba Sells Lingxi Games, Prioritizing AI
Alibaba is reportedly selling its Lingxi Games division, prompting speculation about whether artificial intelligence has become the company's sole strategic priority.
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TechnologyReutersbloombergwsj+6SCMPmorningstarYahoostraits-timesseeking-alphakhaleej-times7d ago9 sources
Alibaba to Sell Gaming Arm Lingxi Games for Over $2 Billion
Alibaba is reportedly selling its gaming division, Lingxi Games, in a deal valued at over $2 billion, as the tech giant shifts its strategic focus towards AI and e-commerce. This move signifies a major divestment from its gaming ventures.