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BABA CEO: Tongyi Qwen API Call Price Slips 97% in Past Yr; Alibaba Cloud Rebuilding AI Advanced Infra
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Eddie Wu, a director and CEO of BABA-W (09988.HK) and Alibaba Cloud Intelligence Group, said at the opening ceremony of the 2024 Apsara Conference that the call price of Tongyi Qwen's API on Alibaba Cloud Bailian slipped 97% in the past year, while the call cost of 1 million tokens has fell to as low as RMB5 cents, according to Chinese media. Alibaba Cloud will endeavor to continue to lower costs. Alibaba Cloud is investing in the research and development of AI technology and infrastructure construction with unprecedented intensity, while single network cluster expansion has been expanded to the level of 100,000 AI accelerators, Wu added. Alibaba Cloud is rebuilding future-oriented AI advanced infrastructure from chip, servers, network storage, power supply data center and other aspects. AAStocks Financial News |
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