Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China
Publishing timestamp: 2024-02-28 22:46:53
Summary
Alibaba Cloud is cutting prices on core cloud products by up to 55% to fuel AI growth in China. Interest in generative AI has increased, with McKinsey highlighting the opportunities it offers for established companies. Canalys estimates global cloud service spending will increase in 2024 due to widespread adoption of AI applications.
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Keywords: breaking news: technology, technology, business news, alibaba group holding ltd,