On December 31, Alibaba Cloud revealed significant price reductions for its large language model services, specifically reducing access to the Tongyi Qianwen visual understanding model by over 80%. This announcement marks the third round of price cuts the company has implemented in 2024, following a historic reduction on February 29, which was the largest to date, affecting more than 100 services. The company aims to enhance accessibility and affordability of its advanced AI technologies, responding to growing competition in the cloud computing sector and the increasing demand for AI solutions. By lowering costs, Alibaba Cloud seeks to attract more users and solidify its position in the rapidly evolving market.
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Education & Research
Original from TechNode.com: Alibaba Cloud slashes price of LLM assess for third time since February 2024
Alibaba Cloud cuts LLM assessment prices for the third time since February 2024.
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France
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United States
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