Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China (www.cnbc.com)
from filister@lemmy.world to technology@lemmy.world on 29 Feb 2024 06:31
https://lemmy.world/post/12541988

#technology

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qooqie@lemmy.world on 29 Feb 2024 06:51 next collapse

I wonder if their plan is to keep prices low and compete with Amazon in cloud services? I feel doubtful about it, but it would be interesting to see

tsonfeir@lemm.ee on 29 Feb 2024 07:21 next collapse

They plan to sell your data for AI models, and figure it’s worth the cost to drop the price because it’s pennys compared to what they could make.

jamyang@lemmy.world on 02 Mar 2024 02:06 collapse

They’ll do what they successfully did in mobile industry : offer services at extremely cheap rates, put the western competitors out of action and raise the price while sending quality into the outhouse.

gaifux@lemmy.world on 04 Mar 2024 20:40 collapse

Can’t wait to get my first AliBaba Web Services certification