When Alibaba listed shares in the New York Stock Exchange, it was the biggest IPO ever. But most Chinese people can’t buy its stock because China strictly controls the flow of money out of the country. So, when Alibaba offered a secondary listing in Hong Kong, many thought mainland Chinese investors would finally be able to buy into the company via a special program linking the Hong Kong and...
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Pro Weekly: Generative AI Spurs Cloud Demand—and Competition
Welcome back!To help readers track the frenzy around generative artificial intelligence, we launched The Information's Generative AI Database, listing 39 startups that make AI models or build services on top of them. Together, those companies have raised more than $15 billion from more than 50 investors.OpenAI, whose ChatGPT fueled the generative AI craze, has seen the bulk of that haul,...
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