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Aug 18, 2026REGULATIONAlibaba Sells Gaming Studio Lingxi for $2B to Fund AI$2B+ divestiture→
Aug 17, 2026BIG TECHAlibaba's $1.5B Gaming Sale Bankrolls Its AI Pivot$1.5B+→

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REGULATION· Aug 18, 2026

Alibaba Sells Gaming Studio Lingxi for $2B to Fund AI

REGULATION$2B+ divestiture

Alibaba Sells Gaming Studio Lingxi for $2B to Fund AI

Alibaba agreed to sell gaming studio Lingxi Games to Trustar Capital for more than $2 billion, redirecting capital and management attention toward the $53 billion AI and cloud buildout it pledged in June 2026.

Aug 18, 2026DEEP DIVE

BIG TECH· Aug 17, 2026

Alibaba's $1.5B Gaming Sale Bankrolls Its AI Pivot

BIG TECH$1.5B+

Alibaba's $1.5B Gaming Sale Bankrolls Its AI Pivot

Alibaba is selling its gaming studio Lingxi Games to private equity firm Trustar Capital for more than $1.5 billion, the clearest sign yet that CEO Eddie Wu is stripping the conglomerate down to AI and cloud.

Aug 17, 2026DEEP DIVE