this post was submitted on 29 Feb 2024
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Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China (www.cnbc.com)
submitted 9 months ago by filister to c/technology
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[–] qooqie 8 points 9 months ago (2 children)

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

[–] [email protected] 15 points 9 months ago

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 3 points 9 months ago

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 1 points 9 months ago

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