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Alibaba Unveils Big Cloud Price Cuts as AI Rivalry Deepens

(Bloomberg) -- Alibaba Group Holding Ltd. is rolling out its second major price cut for cloud services in years, aiming to win back users from rivals like Tencent Holdings Ltd. competing to provide the tools critical to training artificial intelligence.Most Read from BloombergHow Much Wealth You Need to Join the Richest 1% Around the WorldApple to Wind Down Electric Car Effort After Decadelong OdysseyThis Is Where New Migrants Are Going When They Reach the USSupreme Court Immunity Case Jeopardiz
Hong Kong Tongyi Qianwen Liu Weiguang Bloomberg Businessweek Eddie Wu Baidu Inc
Source: yahoo.com

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Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China – DG Verifications & Stats

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Liu Weiguang Qilai Shen Bloomberg Getty Alibaba Group Holding Ltd Alibaba Group Holding Smart China Expo Alibaba Cloud

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