Alibaba Cloud and Baidu are raising prices for AI computing and storage services by up to 34%, citing surging AI demand and rising infrastructure costs. The price increases take effect April 18. https://www.scmp.com/tech/article/3347030/alibaba-and-baidu-lift-cloud-prices-34-amid-ai-demand-surge #China #Tech #AI #Alibaba #Baidu
Alibaba and Baidu lift cloud prices by up to 34% amid AI demand surge

The Chinese firms’ price increases are ‘a reasonable response to evolving market conditions’, says IDC China analyst Cui Tingting.

South China Morning Post