Alibaba, Tencent, and Baidu have raised $5B+ via bonds this month for AI and digital infra; with JD.com, their combined 2025 AI capex is projected to top $32B (Bloomberg)

Bloomberg:
Alibaba, Tencent, and Baidu have raised $5B+ via bonds this month for AI and digital infra; with JD.com, their combined 2025 AI capex is projected to top $32B  —  Companies in China's technology sector have been raising billions in capital to advance their artificial intelligence capabilities and other digital infrastructure.

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