Sept 11 (Reuters) - China's Alibaba ( BABA )

is looking to raise about $3.2 billion in a zero-coupon

convertible note offering to strengthen its cloud infrastructure

and expand its international business, the company said on

Thursday.

Alibaba ( BABA ), which has been among the most aggressive players in

China's AI sector, said it would use nearly 80% of the proceeds

to scale up data centers, upgrade technology and improve

services to meet the rising demand for cloud computing

solutions.

The remaining 20% of the proceeds will be invested to

enhance market presence and improve efficiency in its global

e-commerce ventures, it said.

The senior notes will mature on September 15, 2032.