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Alibaba scraps cloud business spin-off citing US chip curbs - Business & Finance

alibaba news: Alibaba scraps cloud business spin-off citing US chip curbs

The U.S. decision last month to ban the export to China of more chips used in artificial intelligence (AI) has created major uncertainties for the country s big tech companies. Tencent Holdings said on Wednesday it saw the curbs impacting its cloud services.

Alibaba scraps cloud business spin-off citing US chip curbs

Alibaba scraps cloud business spin-off citing US chip curbs
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