Alibaba cancels cloud split

Cites 'uncertainties' created by US regulation

Tom Allen
clock • 1 min read
Alibaba cancels cloud split

China's Alibaba Group has cancelled its plan to spin out its cloud unit into a separate business, citing uncertainties created by US export curbs on AI chips.

The company, a multinational operating across sectors, originally announced its plan to split into six separate units this March. It would have been the biggest restructuring in the company's 24-ye...

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