Alibaba, Baidu Slash Prices of Large-Language Models Used to Power AI Chatbots

Alibaba, Baidu Slash Prices of Large-Language Models Used to Power AI Chatbots

Chinese tech giants Alibaba and Baidu slashed prices on Tuesday of large-language models (LLMs) used to power generative artificial intelligence products, as a price war in the cloud computing sector heats up in China. Alibaba’s cloud unit announced price cuts of up to 97 percent on a range of its…