Alibaba sells its Lingxi games arm to fund an all-in bet on AI

The Chinese giant is offloading a profitable gaming studio to private equity so it can pour every spare yuan into Qwen and its data centres, though the buyers and sellers cannot agree on what the studio is worth. Alibaba is selling its gaming subsidiary, Lingxi Games, to the Asian private-equity firm Trustar Capital, in a […] This story continues at The Next Web