Alibaba’s cloud computing unit cuts prices on 100 core products in China to capture more users involved in AI development projects
- Alibaba Cloud on Thursday slashed prices by up to 55 per cent on more than 100 core products in its largest discount offering to date
- The initiative seeks to ‘lower the threshold of cloud services for more enterprises and developers’ in China, where AI projects are driving demand
The initiative seeks to “lower the threshold of cloud services for more enterprises and developers”, according to Liu Weiguang, the president of public cloud business at Alibaba Cloud Intelligence.
“With the rapidly increasing amount of data in China, businesses will need robust, high-performance and cost-effective computing power to help handle and analyse the data before turning them into actionable intelligence,” Liu said. “This is where we can help, as we aim to become the most open cloud [platform] and help our customers to turn AI into productivity.”
Prices of Alibaba Cloud’s ECS, which provides users with virtual cloud servers, has been cut up to 36 per cent, while those for OSS – a service to store and access any amount of data from anywhere – was slashed up to 55 per cent. For database product categories, prices were reduced up to 40 per cent. Both existing and new customers can avail of the discounted prices, according to Alibaba Cloud.