Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Alibaba slashes cloud prices globally as AI demand quickens
Mint Mumbai
|April 09, 2024
Alibaba Group Holding Ltd. is cutting prices for cloud customers from the US to Singapore by as much as 59%, mirroring deep discounts at home as the once high-flying division struggles to fend off rivals and revive growth.
-
The move coincides with a surge in demand for cloud computing to support a global boom in AI development, as well as a complicated internal restructuring. Chief executive officer Eddie Wu is spearheading a far-reaching overhaul to try and revitalize Alibaba's main businesses including e-commerce.
Alibaba cancelled plans for a public listing of the cloud business in November, citing difficulties getting the high-end Nvidia Corp. chips it needs to compete, and has faced rising competition from Tencent Holdings Ltd and state-backed providers.
The Hangzhou-based firm slashed prices on Monday by an average of 23% for around 500 cloud product specifications.
Those discounts are now available to customers in 13 regions, including Japan, Indonesia, the United Arab Emirates and Germany.
Cette histoire est tirée de l'édition April 09, 2024 de Mint Mumbai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Mumbai
Mint Mumbai
India's spacetech funding hits inflection point in 2025
Of the top 10 deals in spacetech in 2025, just three went to late-stage incumbents
3 mins
January 31, 2026
Mint Mumbai
Apple looks beyond iPhone for growth
Apple reported its best-ever quarter with global revenue of $143.8 billion
2 mins
January 31, 2026
Mint Mumbai
India reinforces its role in the global energy landscape
As the curtain comes down on the India Energy Week 2026— the country's flagship global energy platform—Union Minister Hardeep Singh Puri highlights how India is well prepared for geopolitical flux while remaining at the centre stage of global energy dialogue
2 mins
January 31, 2026
Mint Mumbai
Inside India's AI slop economy
India is among the biggest producers of Al slop, or quickly made, Al-generated content. Lounge meets the creators and coaches making money off the latest side of the creator economy
3 mins
January 31, 2026
Mint Mumbai
Why protecting your tooth enamel is the most important step to better oral health
Everyday foods and drinks quietly weaken tooth enamel—often without warning. Understanding enamel erosion is key to protecting your teeth for life
3 mins
January 31, 2026
Mint Mumbai
Markets snap 3-week slide on budget hopes, earnings boost
Investor optimism Budget-linked sectors such as capital goods, power, defence and public sector units rallied through the week.
2 mins
January 31, 2026
Mint Mumbai
Reinvented for the 'gram: The re
Tracing the rise, erasure and quiet resurgence of small-town creators long positioned as 'outsiders' to Instagram's dominant aesthetic
4 mins
January 31, 2026
Mint Mumbai
Dixon, Syrma results showcase EMS shifts
December-quarter (Q3FY26) earnings from Dixon Technologies and Syrma SGS point to growing differences within India's electronics manufacturing services (EMS) sector: firms still dependent on mobile-device manufacturing are seeing pressure, while those with greater exposure to industrial and export-led segments are proving more resilient.
1 min
January 31, 2026
Mint Mumbai
The doctor who also wins marathons
Kartik Karkera balanced medical practice and elite training to finish first at the Nashik marathon
4 mins
January 31, 2026
Mint Mumbai
Trump picks ex-Fed governor Warsh to be the next chair
US president Donald Trump on Friday chose former Federal Reserve governor Kevin Warsh to head the US central bank when Jerome Powell's leadership term ends in May, giving a frequent Fed critic a chance to put his idea of monetary policy “regime change” into practice at a moment when the White House has pushed for more control over the setting of interest rates.
2 mins
January 31, 2026
Listen
Translate
Change font size