Count the king of meme-stocks among the investors betting that Alibaba Group Holding’s stellar recent run can last.GameStop CEO Ryan Cohen has lifted his stake in the Chinese online retailer to 7 million shares worth about $1 billion in recent months,

GameStop CEO and billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba to roughly 7 million shares worth about $1 billion, the Wall Street Journal reported Thursday.

Alibaba (BABA) is up again today, following strong artificial intelligence (AI) investments and a report that GameStop (GME) CEO Ryan Cohen increased his personal stake in the company to $1 billion, according to the Wall Street Journal.