Alibaba Group Holding Limited BABA BABAF jumped 6.35% to HK$152.40 ($19.58) on the Hong Kong Exchange on Thursday morning, extending its remarkable 83.95% year-to-date gains as investors reacted positively to the Chinese e-commerce giant’s aggressive artificial intelligence expansion strategy and $3.2 billion fundraising.$53 Billion AI Investment Fuels Growth MomentumThe surge follows Alibaba’s announcement of a 380 billion yuan ($53 billion) three-year investment commitment in artificial intelligence and r ...