Overview
- Alibaba Cloud will raise prices 5%–34% on AI chips and GPU instances and 30% on Cloud Parallel File Storage, with new rates starting April 18.
- Baidu Cloud will lift AI computing service prices by about 5%–30% and its parallel file storage by roughly 30% on the same date.
- Customers who purchased services before April 18 will keep current rates for the remainder of their billing cycle, with new prices applied at renewal.
- Alibaba reported December‑quarter revenue of 284.8 billion yuan and a roughly 66%–67% year‑on‑year drop in net profit to about 15.6–16.3 billion yuan, noting Cloud Intelligence revenue grew 36% and its Zhenwu 810E GPU entered production at scale.
- Alibaba created a Token Hub unit under CEO Eddie Wu and launched Wukong, an enterprise agent platform, as peers highlight tighter hardware supply and improving pricing power for large cloud providers.