filister@lemmy.world to Technology@lemmy.worldEnglish · 8 months agoAlibaba Cloud slashes prices by as much as 55% to fuel AI growth in Chinawww.cnbc.comexternal-linkmessage-square4fedilinkarrow-up184arrow-down13
arrow-up181arrow-down1external-linkAlibaba Cloud slashes prices by as much as 55% to fuel AI growth in Chinawww.cnbc.comfilister@lemmy.world to Technology@lemmy.worldEnglish · 8 months agomessage-square4fedilink
minus-squareqooqie@lemmy.worldlinkfedilinkEnglisharrow-up9arrow-down1·8 months agoI wonder if their plan is to keep prices low and compete with Amazon in cloud services? I feel doubtful about it, but it would be interesting to see
minus-squareTherouxSonfeir@lemm.eelinkfedilinkEnglisharrow-up18arrow-down3·8 months agoThey plan to sell your data for AI models, and figure it’s worth the cost to drop the price because it’s pennys compared to what they could make.
minus-squareJamyang@lemmy.worldlinkfedilinkEnglisharrow-up4arrow-down1·8 months agoThey’ll do what they successfully did in mobile industry : offer services at extremely cheap rates, put the western competitors out of action and raise the price while sending quality into the outhouse.
I wonder if their plan is to keep prices low and compete with Amazon in cloud services? I feel doubtful about it, but it would be interesting to see
They plan to sell your data for AI models, and figure it’s worth the cost to drop the price because it’s pennys compared to what they could make.
They’ll do what they successfully did in mobile industry : offer services at extremely cheap rates, put the western competitors out of action and raise the price while sending quality into the outhouse.