Alibaba founder Jack Ma just bought $81M worth of $BABA stock.
This isn't a small flex. Other execs are loading up too, right after the company raised ~$10.6B through new share issuance this week.
The signal? Ma is backing Alibaba's monster AI infrastructure play — they're committing $60B over 3 years to build out AI capacity.
When founders buy the dip after dilution, it's either desperation or conviction. Given the AI arms race in China and Alibaba's cloud dominance, this looks like the latter.
Watch $BABA if you're playing China tech exposure. The AI narrative is heating up.
This isn't a small flex. Other execs are loading up too, right after the company raised ~$10.6B through new share issuance this week.
The signal? Ma is backing Alibaba's monster AI infrastructure play — they're committing $60B over 3 years to build out AI capacity.
When founders buy the dip after dilution, it's either desperation or conviction. Given the AI arms race in China and Alibaba's cloud dominance, this looks like the latter.
Watch $BABA if you're playing China tech exposure. The AI narrative is heating up.
