Alibaba’s AI Bet Is Bold — But a $433.5M Payout Is Still on the Table

Court: S.D. New York

Case: 1:20-cv-09568

Alibaba BABA is pouring $53 billion into building the infrastructure behind AI agents — autonomous assistants expected to become part of daily life within the next five years. Huang Fei, VP at Alibaba Cloud, says the company’s open-source strategy and investment in foundational models aim to position it as a global AI leader.

With Hong Kong set to become a strategic AI hub, and new data centers across Southeast Asia, Alibaba is laying the groundwork for a future where its ecosystem powers business and personal tech alike.

From reshaping job markets to transforming digital interactions, the implications of these AI agents are massive. But while Alibaba engineers the future, investors may still be dealing with the consequences of the past.

BABA

As Alibaba builds toward a new era of AI, it recently agreed to pay $433.5 million to settle claims related to the failed Ant Group IPO — a case that led to some of the biggest one-day drops in BABA stock history.

• July 2020: Ant Group announces a record $30B IPO.
• Nov 2, 2020: Ant executives summoned by Chinese regulators.
• Nov 3, 2020: Ant IPO suspended; BABA falls 8.1%.
• Dec 2020: China launches antitrust probe into Alibaba; stock drops 13%.
• Apr 22, 2022: Investors file suit alleging misleading statements.

• Alibaba agreed to settle the lawsuit for $433.5M.
• If you held BABA during the affected period, you may still qualify.
• Late claims are currently being accepted.
• Payouts typically take 8–12 months after court approval.

You can check more information about it and file for a payout HERE.

Are you watching Alibaba lead the AI charge? Or filing a claim while BABA sets its sights on dominating the next tech cycle?