Alibaba Just Raised $10 Billion for AI — China’s Tech Giants Aren’t Letting America Run Away With the Race

  ABE NEWS | MONDAY, AUGUST 24, 2026 Alibaba just made one of the biggest financial bets of the artificial-intelligence boom. The Chinese technology giant is raising HK$80 billion — approximately US$10.2 billion — by selling 710 million new shares. And Alibaba has already decided where essentially all of that money is going. Artificial intelligence….

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Nvidia Is Buying Hugging Face for $12.9 Billion — Its AI Empire Is Moving Beyond Chips

 ABE NEWS | September 3, 2026 Nvidia has spent years building one of the most powerful positions in artificial intelligence. Its GPUs train AI models. Its chips power data centres. Its networking technology connects enormous computing systems. Its software helps developers make those machines useful. Now Nvidia is making a move into another crucial layer…

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AI Money Roars Back, China Builds Its Own Tech Stack and Markets Enter a New Era of Expensive Money

ABE NEWS | SEPTEMBER 25, 2026 The world of business spent this week confronting two realities at once. The first was exuberance. Artificial intelligence returned to the center of the market, pushing semiconductor companies higher, lifting the Nasdaq to a record and propelling AMD beyond a valuation once reserved for only the largest corporations on…

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Hong Kong Was Losing Ground to Singapore and Dubai — Now the Money Is Coming Back

 ABE NEWS | September 12, 2026 For several years, the story surrounding Hong Kong’s financial centre seemed to be moving in only one direction. Bankers were leaving. Fund managers were relocating. International companies were reconsidering their presence. Families with substantial wealth were looking toward Singapore and Dubai. Political upheaval after the 2019 protests, Beijing’s imposition…

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Airtel Wants to Take Africa’s Money Business to London — And the World Is Watching

  The Hook Africa has spent decades attracting investment from around the world. Now, one of the continent’s fastest-growing financial businesses wants to take the next step. Not by leaving Africa behind. But by taking an African success story to one of the world’s biggest financial markets. Airtel Money Africa is preparing for what could…

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Manchester City’s Financial Reckoning: What the Premier League Verdict Could Mean for the Business of Football

ABE NEWS | SEPTEMBER 26, 2026 For more than a decade, Manchester City has represented one of football’s most extraordinary transformations. A club purchased by Abu Dhabi investors in 2008 became a global sporting powerhouse, assembling some of the world’s best players, hiring elite managers, building a multinational football network and collecting trophies at a…

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The Price of Money Is Rising Again — And the Global Economy Is Starting to Feel It

ABE NEWS | OCTOBER 1, 2026 For much of the past decade, the global economy became accustomed to one powerful idea: money could be borrowed cheaply. Governments borrowed to finance spending. Companies borrowed to expand. Homebuyers benefited from relatively inexpensive mortgages. Investors poured money into stocks, technology companies and other assets because interest rates offered…

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The U.S. and China Are Building Separate AI Empires — But Their Money Still Depends on Each Other

ABE ORIGINALS | SEPTEMBER 26, 2026 The United States and China increasingly speak about artificial intelligence as if the future must be divided in two. Two semiconductor supply chains. Two technology ecosystems. Two sets of rules. Two competing ambitions to control the infrastructure behind the most important technological shift of this generation. Washington has restricted…

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