Daily Tech Roundup: Alibaba Slashes Cloud Prices Globally

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The Alibaba Cloud stand at the China Software Industry Expo in Nanjing, Jiangsu province, on Aug. 31, 2018. Photo: VCG

Welcome to the Daily Tech Roundup — a briefing of the top technology news making headlines in China and the rest of Asia.

Alibaba slashes cloud prices globally as AI demand increases

Alibaba Group Holding Ltd. is cutting prices for cloud customers from the United States to Singapore by as much as 59%, mirroring deep discounts at home as the once high-flying division struggles to fend off rivals and revive growth.

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