Alibaba Cloud AI computing power and storage products increased prices by up to 34%
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Alibaba Cloud announced a price increase of up to 34% for its AI computing and storage products due to a surge in global AI demand and rising supply chain costs. Specifically, the price increase for computing card products such as the PingTouGe ZhenWu 810E ranges from 5% to 34%, while the file storage product CPFS (Intelligent Computing Version) has risen by 30%. In addition, the explosive growth in Token usage is also a significant reason for this price increase. Alibaba Cloud's MaaS business achieved its highest growth rate in history earlier this year and is prioritizing the allocation of limited AI computing resources to Token business
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