Alibaba has shown the world that China's price wars are not only ubiquitous in the manufacturing sector but also in the tech field! Alibaba Cloud announced that its GPT-4-level flagship model Qwen-Long's API input price has dropped from 0.02 yuan per thousand tokens to 0.0005 yuan per thousand tokens, a 97% reduction. After the price cut, it's about 1/400 the price of GPT-4. Even Sam Altman would be shocked by this cutthroat competition.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
