Alibaba Cloud cuts LLM assessment prices for the third time since February 2024.
- Published
- Source
- TechNode.com
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.
Original report
Alibaba Cloud slashes price of LLM assess for third time since February 2024
TechNode.com · TechNode FeedThis briefing is an independently written summary based on publicly available reporting and is provided for industry information and news discovery. The original report and source publication are credited and linked where applicable. RobotToday does not claim ownership of third-party source material.
Rights concerns? Contact [email protected] with the relevant URL and details. We will review the matter and take appropriate action where warranted.
Robotics needs a service framework.
RSF defines a common language for robot service capability, lifecycle operations, certification pathways, and service-provider networks.
Join the RobotToday community on LinkedIn
Daily robotics news, in-depth analysis, conference highlights, and discussions with professionals worldwide.