Alibaba and Tencent lost a combined $66B in market value over about 24 hours as investors reacted to unclear monetization plans for their AI investments (Bloomberg)
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Bloomberg: Alibaba and Tencent lost a combined $66B in market value over about 24 hours as investors reacted to unclear monetization plans for their AI investments - Alibaba Group Holding Ltd. and Tencent Holdings Ltd. lost $66B of market value in roughly 24 hours, after the market punished …