Alibaba Cashes Out Of Gaming To Double Down On AI The recent sale of Lingxi Games by Alibaba Group has sent shockwaves through the tech industry, with many interpreting it as a clear signal that the Chinese e commerce giant is doubling down on its artificial intelligence (AI) ambitions.
The exact terms of the deal remain shrouded in mystery, but one thing is certain: Alibaba's leadership has made a deliberate decision to shed non core assets and focus its resources on cloud computing and AI.
This move shouldn't come as a surprise, given Alibaba's long term strategy.