Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China

filister@lemmy.world to Technology@lemmy.world – 70 points –
Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China
cnbc.com
3

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'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.

1 more...

Can't wait to get my first AliBaba Web Services certification