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Alibaba Cloud Bailian Reportedly Dishes Dedicated Migration Services For Users of OpenAI's API
Chinese media reported that Alibaba Cloud Bailian, a subsidiary of BABA-SW (09988.HK), announced it will provide a cost-effective alternative foundation model replacement plan for ...
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Alibaba Cloud Bailian Reportedly Dishes Dedicated Migration Services For Users of OpenAI's API
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Chinese media reported that Alibaba Cloud Bailian, a subsidiary of BABA-SW (09988.HK)  -0.250 (-0.342%)    Short selling $325.32M; Ratio 14.600%   , announced it will provide a cost-effective alternative foundation model replacement plan for Chinese users of OpenAI's application programming interface (API), offering 22 million free tokens and dedicated migration services for mainland developers.

It is learnt that the price of calling Qwen-plus, the main foundation model of Tongyi Qianwen series benchmarked to OpenAI's GPT-4, is RMB0.004 per 1,000 tokens on Alibaba Cloud Bailian, which is only one-fiftieth of the price of GPT-4.

Related NewsUBS: Alibaba (BABA.US) Accelerates Buybacks to Back Stock Price when It Falls
According to an earlier report by Chinese media, OpenAI intends to stop providing API services to China.

(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-05 16:25.)

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