Alibaba Cloud raises prices for domain name auctions amid AI compute price war

Alibaba Cloud raises prices for domain name auctions amid AI compute price war

Starting from August 1, starting bids for domain names on Alibaba Cloud will be raised to 199 yuan for “.com” addresses and 99 yuan for other top level domains, the company said in a statement published on its official website on Saturday. Hangzhou-based Alibaba owns the South China Morning Post. Alibaba Cloud’s auction platform allows … Read more

Apple to ‘pay’ OpenAI for ChatGPT through distribution, not cash

Apple to ‘pay’ OpenAI for ChatGPT through distribution, not cash

When Apple Chief Executive Officer Tim Cook and his top deputies this week unveiled a landmark arrangement with OpenAI to integrate ChatGPT into the iPhone, iPad and Mac, they were mum on the financial terms. Left unanswered on Monday: which company is paying the other as part of a tight collaboration that has potentially lasting … Read more

New AI battle adopts old price war strategy as Chinese tech giants keep start-ups at bay behind the Great Firewall

New AI battle adopts old price war strategy as Chinese tech giants keep start-ups at bay behind the Great Firewall

“It’s like the bad money is driving out good money,” said You Yang, a computer science professor at the National University of Singapore (NUS). The price war indicates a lack of competitiveness based on the merits of the models themselves, according to You, making them incapable of attracting customers at previous market prices. In the … Read more