Alibaba, Tencent, and Baidu have raised $5B+ via bonds this month for AI and digital infra; with JD.com, their combined 2025 AI capex is projected to top $32B

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Alibaba, Tencent, and Baidu have raised $5B+ via bonds this month for AI and digital infra; with JD.com, their combined 2025 AI capex is projected to top $32B

bloomberg.com/news/articles/2025-09-17/china-s-ai-funding-spree-why-alibaba-baidu-are-tapping-bond-markets

This story appeared on bloomberg.com, 2025-09-17 05:42:56.751000.

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