Alibaba is selling its gaming studio for at least $1.5 billion to help fund AI buildout, mirroring Micron's exit from consumer business

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Submitted ⁨⁨15⁩ ⁨hours⁩ ago⁩ by ⁨BrikoX@lemmy.zip⁩ to ⁨gaming@lemmy.zip⁩

https://www.tomshardware.com/tech-industry/artificial-intelligence/alibaba-sells-its-gaming-studio-for-at-least-1-5-billion-to-help-fund-ai-buildout

Alibaba expects over $2 billion from offloading Lingxi Games to Trustar Capital.

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