US restrictions

Alibaba Cloud cuts prices again, this time for international customers as AI generates surging demand

by

Alibaba Group Holding’s cloud computing unit has slashed prices for international customers by up to 59 per cent, as the tech giant fights to woo users amid a global race for computing resources driven by rapid artificial intelligence (AI) development. The international cloud business of Alibaba, which owns the South China Morning Post, is facing … Read more

Xi Jinping warns top officials to contain political risks to avoid China’s economy, society being hit by ‘butterfly effect’

by

“Small risks will become big risks, risks will become general risks, and economic and social risks will become political risks.” In the speech, Xi also asked officials to “identify risks early, act quickly, take command at the front and make immediate judgments as soon as they arise”. 03:12 Xi Jinping, Joe Biden hold talks on … Read more