Business Brief (March 19): Chinese Tech Giants Alibaba and Baidu Hike AI Computing Prices
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Alibaba and Baidu raise AI computing prices
Alibaba Group Holding Ltd. and Baidu Inc. announced price hikes for their artificial intelligence (AI) computing and storage products, driven by surging global AI demand and rising supply chain costs. Alibaba’s T-Head Zhenwu 810E and other computing cards will see price increases of 5% to 34%, while its CPFS file storage prices will rise 30%. Baidu AI Cloud’s computing services will increase by 5% to 30%, and parallel file storage will go up by 30%. The new prices will take effect April 18.
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- Alibaba and Baidu will raise AI computing and storage prices by 5–34% starting April 18, responding to global AI demand and supply costs.
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Who’s Who
- Alibaba Group Holding Ltd.
- Alibaba Group Holding Ltd. has announced price hikes for its AI computing and storage products. Prices for its T-Head Zhenwu 810E and other computing cards will increase by 5% to 34%, and CPFS file storage prices will rise by 30%. These changes, effective April 18, are attributed to surging global AI demand and rising supply chain costs.
- Baidu Inc.
- Baidu Inc. has announced price increases for its AI computing services and parallel file storage, taking effect on April 18. This move, driven by surging global AI demand and rising supply chain costs, will see their AI Cloud's computing services increase by 5% to 30%, and parallel file storage go up by 30%.
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