SMRTR AIDec 31, 2024PYMNTS

Alibaba Plans Major Discounts on AI Large Language Models

SMRTR summary

Alibaba is slashing prices on its AI language models by up to 85%, intensifying competition among Chinese tech giants in the AI market. The company's Qwen-VL visual language model is among those discounted, as Alibaba focuses on enterprise customers rather than consumer AI chatbots.

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