The reductions in price were in line with the company’s wider AI strategy to create the infrastructure needed for AI affordable.
Alibaba Cloud has slashed the prices of its products by nearly two-thirds (59%) for international customers. The company announced its new prices, citing reductions due to using data centres outside of mainland China.
Selina Yuan, President of International Business at Alibaba Cloud Intelligence, said, “Cloud infrastructure would be a cornerstone in AI’s future. Our latest pricing strategy is designed not only to reward long-term subscribers with more substantial discounts, but also to ensure that businesses can have a stable foundation to develop their long-term strategies when planning and developing their own AI applications.”
Affected products include Alibaba Cloud’s big data products, compute, network, storage and database. The company has also increased the free monthly usage of its Cloud Data Transfer Service available to international companies from 20GB to 200GB.
