--- title: Alibaba sells its Lingxi games arm to fund an all-in bet... description: Alibaba is selling its gaming subsidiary Lingxi Games to private-equity firm Trustar Capital in a deal reported between $1.5bn and $2bn by Bloomberg and... canonical: https://daily.dev/posts/alibaba-sells-its-lingxi-games-arm-to-fund-an-all-in-bet-on-ai-hpxbd0mbc twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Alibaba sells its Lingxi games arm to fund an all-in bet on AI | daily.dev og:description: Alibaba is selling its gaming subsidiary Lingxi Games to private-equity firm Trustar Capital in a deal reported between $1.5bn and $2bn by Bloomberg and... og:url: https://daily.dev/posts/alibaba-sells-its-lingxi-games-arm-to-fund-an-all-in-bet-on-ai-hpxbd0mbc og:image: https://api.daily.dev/og/posts/HpXBD0MBC.png og:image:alt: Alibaba sells its Lingxi games arm to fund an all-in bet on AI og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Alibaba sells its Lingxi games arm to fund an all-in bet on AI **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary Alibaba is selling its gaming subsidiary Lingxi Games to private-equity firm Trustar Capital in a deal reported between $1.5bn and $2bn by Bloomberg and Reuters respectively. The sale funds Alibaba's pivot toward AI and cloud computing under CEO Eddie Wu, who aims for $100bn in AI revenue over five years. Lingxi's flagship title Three Kingdoms: Strategy Edition remains profitable, but no longer fits Alibaba's strategic focus. The move comes as Alibaba pushes its largest Qwen AI model yet, drawing distillation accusations from Anthropic, and as Alibaba's Hong Kong shares rose roughly 2.67% on the news. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Kling AI raises two billion dollars as Kuaishou spins off its video AI unit](https://daily.dev/posts/kling-ai-raises-two-billion-dollars-as-kuaishou-spins-off-its-video-ai-unit-7u8gbw1md) · The Next Web · 0 upvotes · 0 comments - [Tencent moves to sell up to $1.6B of its Kuaishou stake](https://daily.dev/posts/tencent-moves-to-sell-up-to-1-6b-of-its-kuaishou-stake-skemnuuqx) · The Next Web · 0 upvotes · 0 comments - [Tencent sees 'better pricing environment' due to AI boom](https://daily.dev/posts/tencent-sees-better-pricing-environment-due-to-ai-boom-uzwaqaxz5) · The Register · 0 upvotes · 0 comments --- Tags: [#ai](https://daily.dev/tags/ai), [#anthropic](https://daily.dev/tags/anthropic), [#alibaba](https://daily.dev/tags/alibaba), [#qwen](https://daily.dev/tags/qwen) [View this post on daily.dev](https://daily.dev/posts/alibaba-sells-its-lingxi-games-arm-to-fund-an-all-in-bet-on-ai-hpxbd0mbc) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Alibaba sells its Lingxi games arm to fund an all-in bet on AI","url":"https://daily.dev/posts/alibaba-sells-its-lingxi-games-arm-to-fund-an-all-in-bet-on-ai-hpxbd0mbc","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/alibaba-sells-its-lingxi-games-arm-to-fund-an-all-in-bet-on-ai-hpxbd0mbc"},"datePublished":"2026-08-17T08:27:34.046Z","dateModified":"2026-08-17T08:27:53.931Z","description":"Alibaba is selling its gaming subsidiary Lingxi Games to private-equity firm Trustar Capital in a deal reported between $1.5bn and $2bn by Bloomberg and...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/d5af34f7f0677515f43f57fcb3ae1706?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/d5af34f7f0677515f43f57fcb3ae1706?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/alibaba-sells-its-lingxi-games-arm-to-fund-an-all-in-bet-on-ai-hpxbd0mbc","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"ai,anthropic,alibaba,qwen","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Alibaba sells its Lingxi games arm to fund an all-in bet on AI"}]} ```