Alibaba Weighs $2 Billion Lingxi Games Sale to Sharpen AI, Cloud Focus

Alibaba Group is reshaping its portfolio around artificial intelligence and Alibaba Cloud, directing capital and management attention toward businesses it sees as long-term growth engines. A disposal of Lingxi Games, once a key part of the company’s gaming ambitions, would extend a broader retreat from non-core assets while reinforcing the strategic importance of the Qwen large-language-model ecosystem and cloud infrastructure.

Ahead of its upcoming quarterly earnings report, Alibaba is said to be considering a sale of Lingxi Games for more than $2 billion. Investors will focus on Qwen’s commercialization, Alibaba Cloud’s growth and the group’s AI-related capital spending. Revenue from AI-related cloud products has posted triple-digit growth for several consecutive quarters, making the segment central to expectations for Alibaba’s next phase of expansion.