Alibaba Cloud Announces Major Price Cuts to Boost AI Adoption in China

In a strategic move to fuel AI growth, Alibaba Cloud slashes prices by up to 55% across a range of products, aiming to make cloud services more accessible.

Alibaba Cloud reduces prices by up to 36% for Elastic Compute Service and up to 55% for object storage in mainland China, with discounts applying to multi-year commitments.
Database as a service costs are cut by up to 40%, and a free traffic allowance is increased from 10 to 20 gigabytes.
The price cuts are part of Alibaba's effort to encourage the adoption of cloud and AI technologies among local businesses and developers.
Alibaba Cloud's price reduction campaign is seen as a response to intensifying competition and a bid to attract heavy users, including AI software developers.
The move is expected to lower the threshold for cloud services, making advanced public cloud services more inclusive and accessible across various industries in China.

South China Morning Post