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Healthcare workers in protective gear manage patient isolation areas inside treatment facilities. To combat the geographical spread, health authorities adopted a decentralized approach, establishing clinical care facilities closer to affected rural communities. Response teams have set up nearly 1,400 treatment beds across 59 specialized operational centers. Nonetheless, technical evaluations confirm that an additional 1,600 beds are needed to reach a total capacity of 3,000 beds. Achieving this goal will require recruiting and training approximately 5,000 more healthcare professionals to support the existing 9,000 health workers essential for full operational coverage. Operational expenses and resource limitations have further hampered the expansion of efforts across remote provinces. The daily cost for personal protective equipment averages $25 per healthcare worker entering high-risk patient isolation zones. Running a standard 50-bed treatment facility costs approximately $500,000, creating significant financial challenges amid declining global donor funding.

Alibaba Group has announced an HK$80 billion share placement aimed at financing its artificial intelligence initiatives and expanding its AI infrastructure. The Chinese tech giant will issue 710 million new ordinary shares at HK$112.70 each. Alibaba plans to finalize the transaction by Aug. 26, pending standard conditions. All net proceeds from the offering will be allocated toward enhancing its comprehensive AI capabilities, supporting upgrades and expansion of its AI infrastructure. This fundraising follows a notable rise in Alibaba’s capital expenditure on computing infrastructure, which hit RMB67.68 billion, roughly US$10 billion, in the quarter ending June 30.

Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, raised $10 billion in its first bond offering on Tuesday.…