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Benzinga
Benzinga
Business
Anusuya Lahiri

Jack Ma Buys Lavish London Villa While Jumping Back Into Alibaba's AI Push

Jack Ma Alibaba BABA London Alibaba Group Holding Limited Artificial Intelligence
Bangkok,Thailand-apr7:jack,Ma,,Founder,Of,Giant,Alibaba,meets,With,Thailand's,Prime

Jack Ma's family has added another landmark to its growing global property empire, snapping up a 19.5 million pounds London villa — even as the Alibaba Group Holding Limited (NYSE:BABA) co-founder reasserts control over the tech giant's artificial intelligence ambitions.

As Ma returns to steer Alibaba's AI resurgence, his wife Cathy Ying Zhang has quietly expanded the family's international real estate portfolio with the purchase of a historic Belgravia mansion in London.

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