---
format: "aidr-story-markdown/v1"
id: "1bcb297305f0fba5f479765f24b45a6e80c6dafe10be8d5368962d63c5e3824b"
canonical_url: "https://aidr.today/1bcb2973?lang=en"
title: "Alibaba Sells Lingxi Games for $1.5 Billion in Strategic Pivot to AI"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
translation_fallback: null
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published_at: "2026-08-17T08:42:13.000Z"
category: "Industry"
topics: ["alibaba","funding","llm"]
source_urls: ["https://huggingnews.com/business/alibaba-sells-lingxi-games-for-15-billion-in-strategic-pivot-to-ai-6acc5147","https://x.com/business/status/2089161559364845864","https://x.com/Reuters/status/2089257203291107711","https://x.com/WSJ/status/2089211629858668874","https://x.com/Cointelegraph/status/2089215852469964867","https://x.com/straits_times/status/2089166463873511777"]
summary: "Trustar Capital will acquire Alibaba's gaming unit, Lingxi Games, to support the company's transition toward artificial intelligence. The transaction is valued at a minimum of $1.5 billion, although a source told Reuters the deal exceeds $2 billion. This divestment allows the Chinese e-commerce leader to shift its corporate focus and prioritize investments in the AI sector. The company aims to use the proceeds from the gaming arm's sale to accelerate this pivot."
---

# Alibaba Sells Lingxi Games for $1\.5 Billion in Strategic Pivot to AI

> [Open the canonical story](<https://aidr.today/1bcb2973?lang=en>)

**Published:** 2026-08-17T08:42:13.000Z
**Category:** Industry
**Topics:** alibaba, funding, llm

## Summary

Trustar Capital will acquire Alibaba's gaming unit, Lingxi Games, to support the company's transition toward artificial intelligence\. The transaction is valued at a minimum of $1\.5 billion, although a source told Reuters the deal exceeds $2 billion\. This divestment allows the Chinese e\-commerce leader to shift its corporate focus and prioritize investments in the AI sector\. The company aims to use the proceeds from the gaming arm's sale to accelerate this pivot\.

## Sources

- [Story source](<https://huggingnews.com/business/alibaba-sells-lingxi-games-for-15-billion-in-strategic-pivot-to-ai-6acc5147>)
- [Story source](<https://x.com/business/status/2089161559364845864>)
- [Supporting source](<https://x.com/Reuters/status/2089257203291107711>)
- [Supporting source](<https://x.com/WSJ/status/2089211629858668874>)
- [Supporting source](<https://x.com/Cointelegraph/status/2089215852469964867>)
- [Supporting source](<https://x.com/straits_times/status/2089166463873511777>)